Using data on 61 oil companies from 2001-09, we examine the evolution of revenue efficiency of National Oil Companies (NOCs) and shareholder-owned oil companies (SOCs). We find that NOCs generally are less efficient than SOCs, but their efficiency increased faster over the last decade. We also find evidence that partial privatizations increase operational efficiency, and (weaker) evidence that ...

As previous chapters have shown, the privatization of military and security services in the past decade encompasses a vast range of activities that defy any single explanation. Armed private actors, especially in Western states, now fulfil tasks ranging from military activities that used to be the prerogative of national armed forces to the support of humanitarian aid, disaster relief operation...

BACKGROUND During the last two decades the German hospital sector has been engaged in a constant process of transformation. One obvious sign of this is the growing amount of hospital privatization. To date, most research studies have focused on the effects of privatization regarding financial outcomes and quality of care, leaving important organizational issues unexplored. Yet little attention ...

This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in Ukraine. The longitudinal dimension of the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data imply steadily increasing MFP as a resul...

This paper presents a comprehensive analysis of the preand post-privatization operating performance and stock market performance of privatized banks and rival banks in middleand low-income countries. First, we find that privatization announcements elicit negative abnormal returns for rival banks and that the effects are more pronounced for subsequent tranche sale where the proportion of governm...

Although a great deal of emphasis has been put on it, privatization of infrastructure is only a means to an end, and not an end in and of itself. The goal is a more efficient sector delivering quality service while fulfilling its social responsibilities. Privatization is only an effective means towards the achievement of that result if it is done in the context of an appropriate market and regu...

The theoretical assumption of this paper is that social, political and economical dimensions should be tackled in one single frame in order to grasp the simultaneous effect of both the idea of the deconstruction of class-homogeneity and the overture to the private field in late modernity. The example chosen to explore these interconnections is picked from case studies carried out in São Paulo, ...

The 1990s witnessed a period of significant increase in investments in the oil and gas sector in Latin America. In most countries private investment took the lead after the privatization and liberalization of the sector. For example, in Argentina, Bolivia, Brazil, Ecuador, and Venezuela, private oil investment and/or some form of privatization made possible significant additions in hydrocarbons...

This study examined the knowledge and perception of farmers regarding privatization and commercialization of agricultural extension services in Delta State, Nigeria. A sample size of 90 farmers in contact with extension agents was randomly selected for the study. Data for the study was collected through the use of a validated structured interview schedule. Both descriptive and inferential stati...