examines, more particularly, levels and changes in labour productivity, unit labour costs and revealed comparative advantages … labour productivity have been achieved since 1997, especially during the post-crisis period. Secondly, this has been true for … productivity increased more in less productive sectors. Since the crisis, relative unit labour costs have also adjusted …

examines, more particularly, levels and changes in labour productivity, unit labour costs and revealed comparative advantages … labour productivity have been achieved since 1997, especially during the post-crisis period. Secondly, this has been true for … productivity increased more in less productive sectors. Since the crisis, relative unit labour costs have also adjusted …

We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can … another equilibrium only if the degree of product differentiation is large. -- Airline ; airport ; privatization …

We analyze privatization in a differentiated oligopoly setting with a domestic public firm and foreign profit …-maximizing firms. In particular, we examine pricing below marginal cost by public firm, the optimal degree of privatization and, the … relationship between privatization and foreign ownership restrictions. When market structure is exogenous, partial privatization of …

This paper identifies product market competition as a fundamental impetus for privatization. Based on the economy with … and how competition affects privatization. We find that state-owned enterprises (SOEs) more affected by the competitive …. Responses are stronger when SOEs operate in industries with greater technology and efficiency/productivity gap from frontier …

We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can …

sheltered service industries. Restrictions on competition reduce productivity growth and hinder job creation in regulated …