Saygılı, Şeref and Erol Taymaz
A revised version of this paper was published in Annals of Public and Cooperative Economics (2001, vol. 72, pp. 581-605), 2001
This paper presents an empirical study on the effects of ownership and privatization on technical efficiency in Turkish cement industry. We first summarize the characteristics of Turkish cement industry and changes in industrial structure in the postprivatization period. The effects of ownership and privatization on technical efficiency are estimated in stochastic production frontier framework. The empirical tests presented, which use data on all cement plants in Turkey, suggest that neither ownership nor privatization had a significant impact on technical efficiency.....
