State-Owned Enterprises as Countercyclical Instruments : Experimental Evidence from the Infrastructure Sector

State-Owned Enterprises as Countercyclical Instruments : Experimental Evidence from the Infrastructure Sector

This paper examines the effects of a negative macroeconomic shock on the financial performance of state-owned enterprises (SOEs) in infrastructure. It exploits the differential effects of a drastic fall in oil prices (in 2014–15) on SOEs in energy-...

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Bibliographic Details
Main Authors: Herrera Dappe, Matias, Musacchio, Aldo, Pan, Carolina, Semikolenova, Yadviga, Turkgulu, Burak, Barboza, Jonathan
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2022
Subjects:
MACROECONOMIC SHOCK
STATE-OWNED ENTERPRISE
INFRASTRUCTURE
PRIVATE UTILITIES
PUBLIC UTILITIES
ECONOMIC CRISIS
Online Access:http://documents.worldbank.org/curated/en/860131647884943680/State-Owned-Enterprises-as-Countercyclical-Instruments-Experimental-Evidence-from-the-Infrastructure-Sector
http://hdl.handle.net/10986/37202

Internet

http://documents.worldbank.org/curated/en/860131647884943680/State-Owned-Enterprises-as-Countercyclical-Instruments-Experimental-Evidence-from-the-Infrastructure-Sector
http://hdl.handle.net/10986/37202

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