The comparative performance of the public enterprise sector in Turkey: A Malmquist productivity index approach

Abstract

The public enterprise sector in Turkey has grown appreciably since the 1950's and has made a marked impact on aggregate production, employment, and saving. However, since the early 1980's, public enterprises have been accused of absorbing the government's financial resources and are being held responsible for Turkey's large external debt. The purpose of this study is to compare the performance of the public sector with that of the private sector for the various subsectors of manufacturing in Turkey. The Malmquist productivity index, constructed using nonparametric linear programming methods, is employed for the relevant comparisons. (C) 1997 Academic Press.