How does government ownership affect firm performance? A simple model of privatization in transition economies

被引:10
|
作者
Huang, Linqiang [2 ,3 ]
Xiao, Sheng [1 ]
机构
[1] Univ Minnesota, Morris, MN 56267 USA
[2] Sichuan Univ, Sch Business, Chengdu 610069, Sichuan, Peoples R China
[3] PICC Property & Casualty Co Ltd, Chengdu 610069, Sichuan, Peoples R China
关键词
Privatization; Government ownership; Firm performance; WORK;
D O I
10.1016/j.econlet.2012.04.046
中图分类号
F [经济];
学科分类号
02 ;
摘要
We present a game-theoretical model of privatization in transition economies. We consider the costs and benefits of government ownership and derive the net effect of government ownership on firm performance. Model predictions are consistent with empirical evidence in the literature. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:480 / 482
页数:3
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