This study constructs a mixed oligopoly model that includes a public enterprise and two
private enterprises. Game theory was adopted to explore the effects of carbon emission …

Whether and how financialization could crowd out real investments, and the resulting “from
real to virtual” phenomenon has great economic implications. This study examines the effect …

Privatization has been shown to increase growth and profitability of public firms. However,
effects on consumers are understudied. We study potential trade-offs in the US hospital …

In a 2010 special report, The Economist magazine termed the resurgence of state-owned,
publicly listed enterprises “Leviathan Inc.” and criticized the poor governance and low …

This paper examines the effects of privatizing China's state-owned enterprises (SOEs) on
wage distribution and the welfare of the economy. Privatizing profitable SOEs can narrow …

The effects of state ownership on firms' outcomes depend on how governments influence the
goals of state-owned enterprises (SOEs). Yet scant scholarly attention has been devoted to …

We conduct a large-scale, nondeceptive field experiment to elicit preferences for
government participation in China's venture capital and private equity market. Our main …

The mixed-ownership reform has been the mainstream for the SOE reform in China, but
rarely is known whether this reform can improve the overall profitability of SOEs. Therefore …

This paper estimates the effect of a sugar-factory privatization policy on sugar beet acreages
in Turkey. It finds that sugar beet acreages decreased by more than 15% due to the 2018 …

This article examines the impact of job reservations on the performance of public sector
enterprises (PSEs) in India. Drawing on data for all central government‐owned …