Leviathan resists : the endogenous relationship between privatization and firm performance Arin, K. Peren and Ulubasoglu, Mehmet Ali 2009, Leviathan resists : the endogenous relationship between privatization and firm performance, Public choice, vol. 140, no. 1-2, pp. 185-204, doi: 10.1007/s11127-009-9418-y. Attached Files Name Description MIMEType Size Downloads Title Leviathan resists : the endogenous relationship between privatization and firm performance Author(s) Arin, K. Peren Ulubasoglu, Mehmet Ali orcid.org/0000-0003-3055-5755 Journal name Public choice Volume number 140 Issue number 1-2 Start page 185 End page 204 Total pages 20 Publisher Springer New York LLC Place of publication New York, N.Y. Publication date 2009-07 ISSN 0048-5829 1573-7101 Keyword(s) privatization firm performance simultaneous equations Summary Using a panel dataset of privatized cement firms in Turkey, this paper models and finds support for the simultaneous relationship between privatization and firm performance. It is found that favorable short-run performance, weak market potential, higher employment, lower socio-economic development, concentrated voter preferences, and weaker representation of right-wing parties in the firms’ locality delay the timing of privatization. The paper also finds that privatization increases output in the medium-term by reducing the labor stock and promoting the adoption of more advanced technology, such that production shifts from constant to decreasing returns to scale. Language eng DOI 10.1007/s11127-009-9418-y Field of Research 140213 Public Economics- Public Choice Socio Economic Objective 940204 Public Services Policy Advice and Analysis HERDC Research category C1 Refereed article in a scholarly journal Copyright notice ©2009, Springer Science+Business Media, LLC Persistent URL http://hdl.handle.net/10536/DRO/DU:30021512 Document type: Journal Article Collections: Faculty of Business and Law School of Accounting, Economics and Finance Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges     Link to Related Work Leviathan resists : the endogenous relationship between privatization and firm performance (deposited 14-08-2022) Leviathan resists: the endogenous relationship between privatisation and firm performance Report (deposited 20-12-2017)   Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Mon, 11 Jan 2010, 11:10:23 EST Tue, 12 Jan 2010, 11:59:42 EST Tue, 12 Jan 2010, 12:00:36 EST Tue, 19 Jan 2010, 09:05:25 EST Tue, 19 Jan 2010, 09:06:11 EST Wed, 03 Aug 2011, 15:04:38 EST Wed, 03 Aug 2011, 15:06:17 EST Wed, 15 Feb 2012, 13:30:06 EST Fri, 17 Feb 2012, 09:36:56 EST Mon, 16 Jun 2014, 13:47:16 EST Thu, 11 Dec 2014, 16:23:09 EST Filtered Full Citation counts:   Cited 9 times in TR Web of Science Cited 12 times in Scopus Search Google Scholar Access Statistics: 1041 Abstract Views, 11 File Downloads  -  Detailed Statistics Created: Mon, 11 Jan 2010, 11:10:21 EST by Katrina Fleming