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in SOEs, the transparency procedure of the reform, the improvement of the government's control and inspection in the …
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because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …Even though it is well documented that privatization leads to an improvement in the performance of state …
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