“…(2003) , Holvad and Graham (2004) , Vasigh and Gorjidooz (2006) , Lin and Hong (2006) , Barros (2009) , Barros and Weber (2009) , Ahn and Min (2014) , Tsui et al (2014) , Vasign et al (2014) No impact on efficiency | |
Vogel (2006) , Barros and Dieke (2007) , Assaf (2010), Botasso and Conti (2012) , Perelman and Serebrisky (2012) , See and Li (2015) , Marques et al (2015) , Chen at al. (2017) , Olariaga and Moreno (2019) | Positive impact on efficiency |
Curi et al (2010) , Gutiérrez and Lozano (2016) | Negative impact on efficiency |
Oum et al (2006) , Oum et al (2008) , Curi et al (2010) , Adler and Liebert (2014) | Public majority ownership is less efficient than private majority ownership. |
Assaf and Gillen (2012) | Private involvement has positive impact on efficiency, but regulation rather than ownership is the key performance driver. |
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