Allocative and X-efficiency in state-owned mining enterprises: Comparisons between Bolivia and Indonesia |
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Authors: | Malcolm Gillis |
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Affiliation: | Harvard Institute for International Development and Department of Economics, Harvard University, Cambridge, Massachusetts 02138 USA |
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Abstract: | This paper deals with “efficiency” issues in state-owned enterprises mining minerals in Indonesia and Bolivia. In the enterprises under comparison, welfare losses from Alocative inefficiency appear to be decidedly nontrivial. Cases of behavior consistent with X-efficiency theory are also presented, but no determination of the relative quantitative importance of allocative and X-inefficiencies is attempted. Nevertheless, many of the insights offered by X-efficiency theory may be promising complementary tools for understanding and evaluating the performance of state-owned enterprises in mixed economies. |
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