Even though empirical studies show that political institutions affect various economic policies, standard economic models do not evaluate the effects of government ideology on the performance of state firms. I argue that state-owned enterprises (SOEs) are more efficient under center-right governments, while state firms under center-left cabinets show weaker performance. A modified Stackelberg oligopoly competition model that analyzes the proposed connection is developed. I, then, test implications from the model empirically using the case of Lithuania.
| Identifer | oai:union.ndltd.org:siu.edu/oai:opensiuc.lib.siu.edu:theses-2773 |
| Date | 01 August 2015 |
| Creators | Cepenas, Simonas |
| Publisher | OpenSIUC |
| Source Sets | Southern Illinois University Carbondale |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | Theses |
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