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Medientyp:
E-Artikel
Titel:
Industry and Firm Effects of Privatization in Malawian Oligopolistic Manufacturing
Beteiligte:
Chirwa, Ephraim W.
Erschienen:
Blackwell Publishers, 2004
Erschienen in:
The Journal of Industrial Economics, 52 (2004) 2, Seite 277-290
Sprache:
Englisch
ISSN:
0022-1821;
1467-6451
Entstehung:
Anmerkungen:
Beschreibung:
<p>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.</p>