In this report, the researchers show that privatisations in Sweden have had a positive effect on productivity development but a negative effect on product market competition. These increases in productivity often arise before the actual acquisition. This finding suggests that studies investigating the effects of privatisations at the point in time of the acquisition may underestimate the improvements in efficiency.
IFN Newsletter
Effects of Privatisation on Competition and Efficiency
IFN Newsletter
Reference
Heyman, Fredrik, Pehr-Johan Norbäck and Lars Persson (2013). “Effects of Privatisation on Competition and Efficiency”. IFN Newsletter (2), 1–9.
Heyman, Fredrik, Pehr-Johan Norbäck and Lars Persson (2013). “Effects of Privatisation on Competition and Efficiency”. IFN Newsletter (2), 1–9.
Authors
Fredrik Heyman, Pehr-Johan Norbäck, Lars Persson