Question

What change did privatization bring​

Answer 1

Answer:

Research has shown that such privatization improved productivity, as measured in total factor productivity (TFP) or labor productivity. For example, the average TFP of privatized SOEs relative to that of private firms increased from 60% to 77% after privatization [9].

Answer 2

Answer:

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Explanation:

Research has shown that such privatization improved productivity, as measured in total factor productivity (TFP) or labor productivity. For example, the average TFP of privatized SOEs relative to that of private firms increased from 60% to 77% after privatization