Assessing and Explaining the Performance of Public Enterprises: Some Recent Evidence from the Productive Efficiency Viewpoint

Pierre Pestieau and Henry Tulkens

Chapter Chapter 15 in Public goods, environmental externalities and fiscal competition, 2006, pp 343-372 from Springer

Abstract: Abstract From a general discussion of the notion of economic performance as applied to public enterprises, we first observe that productive efficiency is the least ambiguous and most generally desirable form of performance for such firms. We then discuss the type of relation expected to hold between a firm’s productive efficiency on the one hand and on the other hand characteristics pertaining to ownership, objectives, regulation, and competition. Next we review a number of empirical efficiency studies which are aimed at testing the effect of those characteristics on firms’ productive efficiency. In conclusion, we offer some evaluative remarks on the public policy implications of efficiency measurement in public sector economics.

Keywords: Public Good; Technical Efficiency; Productive Efficiency; Efficiency Score; Private Firm (search for similar items in EconPapers)
Date: 2006
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Working Paper: Assessing and explaining the performance of public enterprises (some recent evidence from the productive efficiency viewpoint) (1993)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-25534-7_18

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DOI: 10.1007/978-0-387-25534-7_18

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