Industry and firm effects of privatization in Malawian oligopolistic manufacturing
利用1970-1997年马拉维寡头制造业中私有化企业、国有企业和私营企业的面板数据,研究发现私有化提高了所有企业的技术效率,且国内竞争、跨国经营和结构调整进一步促进了效率提升。
This study evaluates the impact of privatization on technical efficiency using panel data from privatized enterprises, state‐owned enterprises and private enterprises competing in oligopolistic Malawian manufacturing industries in which privatization took place. The results of the technical efficiency model, based on the period 1970–1997, provide evidence that privatization increases the technical efficiency of all firms (industry effects). Further incentives for improvements in technical efficiency are due to more domestic competition, multinationality and structural adjustment.