文章基本信息

标题：The public sector and the misallocation of labor: evidence from a policy experiment in India
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作者：Matthew Baird ; Amalavoyal Chari ; Shanthi Nataraj 等
期刊名称：CEP Discussion Paper
出版年度：2019
卷号：2019
语种：English
出版社：Centre for Economic Performance
摘要：State-owned enterprises are often thought to represent a distortion in the labor market, but the implied efficiency losses have not been carefully estimated. This paper presents the first rigorous quantification of the aggregate productivity effects of privatization of public sector enterprises. We study historical episodes of privatization of public sector firms in India over the period 1991-2005, and find evidence of reallocation of labor away from the public sector following privatization. In turn, this reallocation appears to result in a substantial improvement in aggregate productivity and output.
关键词：labor;public sector;India