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INNOVATIVE STRATEGIES OF TRADING ENTERPRISES

Economic Transformation in the Context of Global Challenges: Current Issues
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State-Owned Enterprises, Shirking and Trade Liberalization [PDF]

open access: yesSSRN Electronic Journal, 2000
We explore the implications of trade liberalization in economies with State Owned enterprises (SOEs) and shirking. SOEs are modelled as controlled by the members of the enterprise who determine output and effort levels, while facing output prices and wage rates set by government.
Madanmohan Ghosh, John Whalley
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