Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5109524 | Journal of Business Research | 2017 | 11 Pages |
Abstract
We conclude that productivity growth after privatisation is superior to productivity growth before privatisation due to technological progress. However, due to a frontier regress observed in the privatisation year, total factor productivity and profitability deteriorated after privatisation. This suggests that both efficiency changes and frontier shifts should be taken into account in order to accurately assess the impact of privatisation.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Carla A.F. Amado, Sérgio P. Santos, Jaime M.M. Serra,