Date of Award
8-1-2012
Degree Name
Doctor of Philosophy
Department
Economics
First Advisor
Lahiri, Sajal
Abstract
This paper investigates the role of foreign competition and regional unemployment in influencing privatization policy for domestic firms. With a general model specifying the existence of foreign competition and regional unemployment, we find a negative relationship between presence of foreign competition and state ownership of the domestic firm within the same sector. We also find a positive relationship between unemployment rate in a region and state ownership of the domestic firm in the same region. Econometric analysis for China supports the theoretical findings.
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