This paper examines various causes for privatisation in India. Five major dimensions, which are changes in International and domestic politics, Performance of Public Sector Undertakings, Magnitude of fiscal compulsion and external debt, External pressure of the donors and Inherent efficiency of...

Government-linked companies (GLCs) have a significant presence in Singapore's corporate sector. Unlike parastatals in many other countries, these companies are run on a competitive, commercial basis, ostensibly without government privileges. Based on data from publicly listed GLCs and non-GLCs,...

Economic theory predicts that outsourcing public services to private firms will reduce costs, but the effect on quality is ambiguous. We explore quality differences between publicly and privately owned ambulances in a setting where patients are as good as randomly assigned to ambulances of...

The rise in state-owned enterprises (SOEs) as growing actors in international trade and investment has received renewed attention in recent years, not least due to controversy that has arisen over SOE foreign investments. This has raised the profile of these issues with policy makers and tilted...

Öffentliche Betriebe weisen einige Besonderheiten gegenüber privaten Betrieben auf. Dazu werden nach dem Zweck öffentlicher Betriebe und ihren unterschiedlichen Rechtsformen in Deutschland die betrieblichen Teilfunktionen Beschaffung, Produktion, Absatz, Personal, Finanzierung und...

This paper studies why some efforts at public enterprise reform fail and why others succeed. Economic reforms are intended to increase efficiency and, thus, help sustain long term growth. Yet, many governments have had difficulty sustaining the reforms they initiated and have reintroduced rigid...

This paper studies why some efforts at public enterprise reform fail and why others succeed. Economic reforms are intended to increase efficiency and, thus, help sustain long term growth. Yet, many governments have had difficulty sustaining the reforms they initiated and have reintroduced rigid...

Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...

We consider a Hotelling model, in which a public firm competes with a foreign firm, at the mean time cooperates with it through subcontracting. We find that when there exists subcontracting, the presence of a foreign firm raises social welfare. Comparing to competing with the domestic private...

This paper investigates the role that state-owned enterprises (SOEs) played during periods of economic sanctions against Iran. Using difference-in-difference techniques and exploiting survey data on the manufacturing sector, our analysis shows that the sanctions reduced revenues, profits, and...