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Productive efficiency and private/public ownership: a short review of the economic literature

Author

Listed:
  • Darío Ezequiel Díaz

    (Universidad de Buenos Aires, Instituto Interdisciplinario de Economía Política de Buenos Aires (IIEP- BAIRES).)

Abstract

This paper aims to conduct a thorough historical and current systematization of the academic literature regarding the relationship between public/private ownership of the company and its efficiency. Currently, three different schools of thought concerned with the comparison between private and public company are: a) Theory of Agency/Property Rights; 2) Public Choice Theory; and 3) organization theory.

Suggested Citation

  • Darío Ezequiel Díaz, 2015. "Productive efficiency and private/public ownership: a short review of the economic literature," Revista de Economía Política de Buenos Aires, Universidad de Buenos Aires. Facultad de Ciencias Económicas., issue 14, pages 135-154, December.
    • Handle: RePEc:ake:repba1:y:2015:i:14:p:135-154
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    More about this item

    Keywords

    Production efficiency; public/private ownership;

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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