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Assessing Comparative Efficiency of the State-Owned Mixed and Private Sectors in Indian Industry

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Author Info
 Majumdar, Sumit K

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Abstract

This paper evaluates performance differences between government-owned, mixed sector, and private sector enterprises in India for the period 1973-74 to 1988-89. The results establish that enterprises owned by the central government and state governments are less efficient than mixed or private sector enterprises, while mixed sector enterprises are less efficient than those in the private sector. The results contradict extant evidence finding no performance differences between government-owned and private firms in India. There have, however, been intertemporal efficiency gains for the sector as a whole, perhaps resulting from reforms undertaken towards improving government-owned enterprises' performance. Copyright 1998 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 96 (1998)
Issue (Month): 1-2 (July)
Pages: 1-24
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Handle: RePEc:kap:pubcho:v:96:y:1998:i:1-2:p:1-24

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  1. Jayesh Kumar, 2004. "Does Ownership Structure Influence Firm Value? Evidence from India," Finance 0406008, EconWPA. [Downloadable!]
  2. Bhaumik, Sumon K. & Kumbhakar, Subal C., 2008. "Impact of Reforms on Plant-Level Productivity and Technical Efficiency: Evidence from the Indian Manufacturing Sector," IZA Discussion Papers 3347, Institute for the Study of Labor (IZA). [Downloadable!]
  3. Bertero, Elisabetta & Rondi, Laura, 2002. "Hardening a Soft Budget Constraint Through 'Upward Devolution' to a Supranational Institution: The Case of Italian State-Owned Firms and the European Union," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  4. Bernardo Bortolotti & Mara Faccio, 2004. "Reluctant Privatization," Working Papers 2004.130, Fondazione Eni Enrico Mattei. [Downloadable!]
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  5. Sumit Majumdar, 2009. "Technology transfer by foreign firms and the utilization of competencies within Indian industry," The Journal of Technology Transfer, Springer, vol. 34(1), pages 95-117, February. [Downloadable!] (restricted)
  6. Willner, Johan & Parker, David, 2002. "The Relative Performance of Public and Private Enterprise Under Conditions of Active and Passive Ownership," Centre on Regulation and Competition (CRC) Working papers 30591, University of Manchester, Institute for Development Policy and Management (IDPM). [Downloadable!]
  7. Khan, Iram, 2006. "Public vs. private sector : an examination of neo-liberal ideology," MPRA Paper 13443, University Library of Munich, Germany. [Downloadable!]
  8. Qi Quan & Nancy Huyghebaert, 2005. "Share Issuing Privatizations in China: Determinants of Public Share Allocation and Underpricing," LICOS Discussion Papers 16205, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
  9. Arghya Ghosh & Partha Sen, 2008. "Privatization in a Small Open Economy with Imperfect Competition," Discussion Papers 2008-21, School of Economics, The University of New South Wales. [Downloadable!]
  10. T. T. Ram Mohan & Subhash C. Ray, 2003. "Technical Efficiency in Public and Private Sectors in India: Evidence from the Post-Reform Years," Working papers 2003-22, University of Connecticut, Department of Economics. [Downloadable!]
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