Corporate Ownership and the Technical and Scale Efficiency of Pharmaceutical Firms in India - Empirical Evidence

Kaur Kuldip and Kumar Sunil
Additional contact information
Kaur Kuldip: Punjab School of Economics, Guru Nanak Dev University, India
Kumar Sunil: Punjab School of Economics, Guru Nanak Dev University, India

South East European Journal of Economics and Business, 2010, vol. 5, issue 2, 95-106

Abstract: In the existing literature, the theoretical models suggest that foreign-owned firms perform better than domestic firms and that private sector firms perform better than public sector firms. The present study is a modest attempt in this regard to empirically test and compare the differences in the technical and scale efficiencies of 36 public limited companies, private sector firms and foreign firms belonging to the pharmaceutical industry of India using the DEA model. The analysis shows that overall technical efficiency was different in the case of private domestic and public sector firms in the year 1990, i.e., the pre-reform period. The difference was also significant in the case of private foreign and public sector firms, though it was not significant in the case of private domestic and private foreign firms in the pre-reform period. However, in the subsequent post-reform years, there were no significant differences.

Keywords: Corporate Ownership; Technical Efficiency; Scale Efficiency; Corporate Ownership; Technical Efficiency; Scale Efficiency (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/v10033-010-0019-y (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:seejeb:v:5:y:2010:i:2:p:95-106:n:9

DOI: 10.2478/v10033-010-0019-y

Access Statistics for this article

South East European Journal of Economics and Business is currently edited by Adnan Efendic, Vesna Babić-Hodović and Aziz Šunje

More articles in South East European Journal of Economics and Business from Sciendo
Bibliographic data for series maintained by Peter Golla ().