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Evolución de la Eficiencia Productiva de una empresa privatizada: El Caso del Grupo Telefónica de España
[Productive Efficiency in Telefonica]

Listed author(s):
  • Massón-Guerra, José Luis

Este trabajo trata de comprobar si la eficiencia productiva del Grupo Telefónica S.A. de España ha mejorado luego de ser privatizada. Se ha utilizado este caso por ser una empresa representativa en la industria de las telecomunicaciones globales. La evidencia empírica indica que las empresas de este sector y que fueron públicas, suelen presentar índices de productividad más altos cuando pasan a ser privadas, en un contexto de competencia y liberalización. Esta investigación busca demostrar si esta afirmación se cumple en este caso. Para este fin, se hace un análisis que cubre dos décadas, utilizando la técnica de evaluación y comparación de períodos previos y posteriores a la privatización. Se utilizan los indicadores de Productividad Global (IPG), Productividad Parcial del Trabajo (IPAT) y del Capital (IPAC), además de los indicadores financieros ROA, ROE, ROI y margen de explotación. Los resultados sugieren que el Grupo Telefónica, luego de su privatización, ha seguido un patrón similar al de sus pares de otros países, al mostrar aumentos en sus índices de productividad y en algunos de los índi-ces financieros. Este documento describe además, las principales aportaciones teóricas y empíricas de la eficiencia productiva de empresas de telecomunicaciones privatizadas en todo el mundo.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 13463.

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Date of creation: 02 Mar 2007
Handle: RePEc:pra:mprapa:13463
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  1. Bel, Germà & Trillas, Francesc, 2005. "Privatization, corporate control and regulatory reform: the case of Telefonica," Telecommunications Policy, Elsevier, vol. 29(1), pages 25-51, February.
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  3. Facanha, Luis Otavio & Resende, Marcelo, 2004. "Price cap regulation, incentives and quality:: The case of Brazilian telecommunications," International Journal of Production Economics, Elsevier, vol. 92(2), pages 133-144, November.
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  12. Starkey, Margarete Z & Van Pelt, John W, 1995. "Productivity measurement and price cap regulation: Issues for local exchange carriers in the USA," Telecommunications Policy, Elsevier, vol. 19(2), pages 151-160, March.
  13. Vining, Aidan R & Boardman, Anthony E, 1992. "Ownership versus Competition: Efficiency in Public Enterprise," Public Choice, Springer, vol. 73(2), pages 205-239, March.
  14. Keith Hartley & David Parker & Stephen Martin, 1991. "Organisational Status, Ownership and Productivity," Fiscal Studies, Institute for Fiscal Studies, vol. 12(2), pages 46-60, May.
  15. Parker, David & Martin, Stephen, 1995. "The Impact of UK Privatisation on Labour and Total Factor Productivity," Scottish Journal of Political Economy, Scottish Economic Society, vol. 42(2), pages 201-220, May.
  16. Solow, Robert M., 1999. "Neoclassical growth theory," Handbook of Macroeconomics,in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 9, pages 637-667 Elsevier.
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