{"title":"国企与企业绩效:来自印度的证据","authors":"O. Singh","doi":"10.3326/PSE.43.2.4","DOIUrl":null,"url":null,"abstract":"In this paper, an analysis of the performance of public and private sector firms operating in five different industries over the period 2011 to 2015 has been made. Using data envelopment analysis (DEA), the performance has been measured in respect of technical efficiency. To compare the performance of public and private sector firms, two distinct methodologies have been used: independent samples t-test and the Tobit regression model. The results of t-test indicate that the private sector has significantly higher technical efficiency in two industries but in one industry is outperformed by the public sector. In the remaining two industries, both sectors are equally efficient or inefficient. While the results of the Tobit model show that even after controlling for the firm- and industry-specific characteristics as well as the scale effect, in three industries the public sector has a managerial efficiency significantly higher than the private sector, which is found to be more efficient only in one industry.","PeriodicalId":37447,"journal":{"name":"Public Sector Economics","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":"{\"title\":\"State ownership and performance of firm: evidence from India\",\"authors\":\"O. Singh\",\"doi\":\"10.3326/PSE.43.2.4\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In this paper, an analysis of the performance of public and private sector firms operating in five different industries over the period 2011 to 2015 has been made. Using data envelopment analysis (DEA), the performance has been measured in respect of technical efficiency. To compare the performance of public and private sector firms, two distinct methodologies have been used: independent samples t-test and the Tobit regression model. The results of t-test indicate that the private sector has significantly higher technical efficiency in two industries but in one industry is outperformed by the public sector. In the remaining two industries, both sectors are equally efficient or inefficient. While the results of the Tobit model show that even after controlling for the firm- and industry-specific characteristics as well as the scale effect, in three industries the public sector has a managerial efficiency significantly higher than the private sector, which is found to be more efficient only in one industry.\",\"PeriodicalId\":37447,\"journal\":{\"name\":\"Public Sector Economics\",\"volume\":\" \",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2019-06-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"4\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Public Sector Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3326/PSE.43.2.4\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Economics, Econometrics and Finance\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Public Sector Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3326/PSE.43.2.4","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
State ownership and performance of firm: evidence from India
In this paper, an analysis of the performance of public and private sector firms operating in five different industries over the period 2011 to 2015 has been made. Using data envelopment analysis (DEA), the performance has been measured in respect of technical efficiency. To compare the performance of public and private sector firms, two distinct methodologies have been used: independent samples t-test and the Tobit regression model. The results of t-test indicate that the private sector has significantly higher technical efficiency in two industries but in one industry is outperformed by the public sector. In the remaining two industries, both sectors are equally efficient or inefficient. While the results of the Tobit model show that even after controlling for the firm- and industry-specific characteristics as well as the scale effect, in three industries the public sector has a managerial efficiency significantly higher than the private sector, which is found to be more efficient only in one industry.
期刊介绍:
Public Sector Economics is double blind peer-reviewed scientific journal published by the Institute of Public Finance, which seeks theoretical, empirical and policy-oriented contributions analysing the role and functioning of the public sector at macroeconomic, sectoral and microeconomic levels, in both advanced and emerging market economies. We also aim to provide a professional forum for the discussion of contemporary public policy issues and actively seek survey articles, appraisals of current policy debates, shorter notes and book reviews.