ASSESSING COMPARATIVE EFFICIENCY OF THE STATE-OWNED MIXED AND PRIVATESECTORS IN INDIAN INDUSTRY

Authors
Citation
Sk. Majumdar, ASSESSING COMPARATIVE EFFICIENCY OF THE STATE-OWNED MIXED AND PRIVATESECTORS IN INDIAN INDUSTRY, Public choice, 96(1-2), 1998, pp. 1-24
Citations number
29
Categorie Soggetti
Economics,"Political Science
Journal title
ISSN journal
00485829
Volume
96
Issue
1-2
Year of publication
1998
Pages
1 - 24
Database
ISI
SICI code
0048-5829(1998)96:1-2<1:ACEOTS>2.0.ZU;2-T
Abstract
This paper evaluates performance differences between government owned, mixed sector and private sector enterprises in India for the period 1 973-1974 to 1988-1989. 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 ar e less efficient than those in the private sector. The results contrad ict extant evidence finding no performance differences between governm ent-owned and private firms in India. There have, however, been inter- temporal efficiency gains for the sector as a whole, perhaps resulting from reforms undertaken towards improving government-owned enterprise s' performance.