期刊名称：Discussion Papers / Department of Economics, University of Essex
出版年度：2002
卷号：2002
出版社：University of Essex
摘要：We analyze the dynamics public and private sector employment, using the natural experiment
provided by the partial privatization of the Bangladeshi jute industry. Although the public
sector had substantial excess employment of workers initially, this excess was substantially
eroded by the end of the period we study. The extent of such erosion differs between white-
collar and manual worker categories, with excess employment persisting only in the former.
Our findings are consistent with the idea that the central authorities used yardstick
competition to reduce public sector managerial rents. We argue that partial privatization
increases the efficacy of yardstick competition in the regulation of public firms, since
heterogeneous ownership undermines collusion between public sector managers
