plausibly exogenous variation in privatization generated by a quasi-natural experiment – China's split share structure reform …We examine the real effect of privatization in terms of technological innovation. To establish causality, we explore …, which mandatorily converts non-tradable shares to be freely tradable and opens up the gate to the privatization of state …

intuitively appealing explanation for the job gains and losses caused by privatization in China during its transition. The model …It is generally agreed that privatization of state-owned enterprises (SOEs) improves economic efficiency, but it is … a theoretical model of the macroeconomic relationships between privatization, efficiency, output, and employment. The …

privatization programs. This paper—a product of the Governance, Regulation, and Finance Division, World Bank Institute, and Finance …

privatization programs.This paper - a product of the Governance, Regulation, and Finance Division, World Bank Institute, and Finance …

Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners … rather than operational changes. Overall, we find little evidence that privatization alone increases airport performance …; instead, infrastructure funds improve performance both in privatization and subsequent acquisitions from non-PE private firms …