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Effect of Privatization and Broader Reforms on Labour Use Adjustments and Efficiency

Datos Bibliográficos

ID12614725
AutoresYaseen Ghulam (0000-0002-3206-1786, University Of Portsmouth UK, autor de correspondencia)
Año2017
Volumen88
Número4
Páginas499-518
Fecha de publicación2017-03-09
Open AccessSí
TipoARTICLE
RevistaAnnals of Public and Cooperative Economics (JOURNAL)
Identificadores de la revistaISSN: 1370-4788 • E-ISSN: 1467-8292
EditorialWiley (PUBLISHER • GB)
DOI10.1111/apce.12164
OpenAlexW2593399487
IdiomaEN
Referencias citadas21

State‐owned firms were said to have an excessive use of labour. The cost of job losses after privatization was debated but ignored due to perceived efficiency gains in the utilization of labour. We estimate longer time employment risk, labour use adjustment and the efficiency of labour utilization in the Pakistani cement industry. We conclude that firms have made significant adjustments in labour use and employment risks have indeed reduced. Our estimates however, show that long run labour use efficiency in the industry and in the privatized firms has not improved, but that, surprisingly, firms set‐up and operated privately have experienced a decrease in labour efficiency

Business · Economics · Labour economics · Efficiency Analysis Using DEA · Fiscal Policy and Economic Growth · Indian Economic and Social Development

  • Formulation and estimation of stochastic frontier production function models

    Open Access•Dennis J Aigner, Dennis Aigner et al.•Journal of Econometrics•1977

  • The Effects of Privatization on Efficiency

    Open Access•Cagla Okten, K Peren Arın•World Development•2006

  • Economic Reforms in India Since 1991

    Open Access•Montek S Ahluwalia•The Journal of Economic…•2002

  • Evolution of Social Behavior

    Open Access•Theodore C Bergstrom•The Journal of Economic…•2002

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