There have been numerous empirical studies of privatization programs, which have found efficiency gains to firms … and consistent firm data both before and after privatization, the absence of vital business mechanisms and institutions to … distribute reliable business information, and misconceptions about what privatization actually is. Given these problems, Stiglitz …

- 2000, extending existing empirical work, and more specifically work on the impact of privatization on public deficit, the … following: (i) Recent empirical work (by Jeronimo et al.) using data from 1990-1997 had examined whether privatization receipts … there is a negative and statistically significant relationship between receipts from privatization and deficit for the 1990 …