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Industry and Firm Effects of Privatization in Malawian Oligopolistic Manufacturing

Ephraim W. Chirwa

出版	SSRN, 2005
URL	http://books.google.com.hk/books?id=Qc_gzwEACAAJ&hl=&source=gbs_api

註釋

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.