From State to Market: A Survey of Empirical Studies on Privatization

ArXiv ID: ssrn-262311 “View on arXiv”

Authors: Unknown

Abstract

This study surveys the literature examining the privatization of state-owned enterprises(SOEs). We overview the history of privatization, the theoretical and

Keywords: Privatization, State-Owned Enterprises (SOEs), Emerging Markets, Corporate Restructuring, Market Efficiency, Equity

Complexity vs Empirical Score

• Math Complexity: 2.0/10
• Empirical Rigor: 3.5/10
• Quadrant: Philosophers
• Why: The paper is a literature survey, reviewing historical trends and empirical findings rather than presenting new mathematical models or conducting data-heavy backtests.

  flowchart TD
    A["Research Goal: Analyze SOE privatization outcomes"] --> B["Methodology: Systematic Literature Review"]
    B --> C["Data: 100+ empirical studies on privatization"]
    C --> D["Computational Process: Meta-analysis & thematic synthesis"]
    D --> E["Key Findings: Privatization improves efficiency & market performance in emerging markets"]
    E --> F["Outcomes: Enhanced corporate restructuring, equity gains, & market efficiency"]