Privatisation and government spending efficiency: an empirical analysis in Europe

[EN] Academic literature has made an effort to demonstrate the positive effects of privatisation reforms on government performance and economic growth. However, there is no sufficient evidence to support the benefits of privatisation in terms of government spending efficiency. This study analyses th...

Descripción completa

Detalles Bibliográficos
Autores: Cuadrado Ballesteros, Beatriz, Peña-Miguel, Noemí
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2024
País:España
Institución:Universidad de Salamanca (USAL)
Repositorio:GREDOS. Repositorio Institucional de la Universidad de Salamanca
OAI Identifier:oai:gredos.usal.es:10366/164716
Acceso en línea:http://hdl.handle.net/10366/164716
Access Level:acceso abierto
Palabra clave:Privatization
Efficiency
DEA
Order-m
State-owned enterprises
5909 Administración Pública
Descripción
Sumario:[EN] Academic literature has made an effort to demonstrate the positive effects of privatisation reforms on government performance and economic growth. However, there is no sufficient evidence to support the benefits of privatisation in terms of government spending efficiency. This study analyses the correlation between privatisation and government spending efficiency. Our empirical results do not support a positive effect of privatisation on government spending efficiency. These findings are relevant because they suggest that, although privatisation has been usually seen as a tool to balance public finances, it does not mean that government spending efficiency will be higher after privatising State-owned enterprises.