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Evolución de la Eficiencia Productiva de una empresa privatizada: El Caso del Grupo Telefónica de España

Massón-Guerra, José Luis (2005): Evolución de la Eficiencia Productiva de una empresa privatizada: El Caso del Grupo Telefónica de España.

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Abstract

This work shows if the productive efficiency of the Group Telefónica S.A. of Spain it has improved after being privatized. This case has been used to be a representative company in the industry of the global telecommunications. The empiric evidence indicates that the companies of this sector and that they were public, they usually present higher indexes of productivity when they become private, in a competition context and liberalization. This investigation looks for to demonstrate if this statement is completed in this case. For this objective, an analysis is made that covers two decades, using the evaluation technique and comparison of previous and later periods to the privatization. The indicators of Global Productivity (IPG), Partial Labor Productivity and the Capital Productivity (IPAC) are used. The results suggest that the Group Telefónica, after their privatization, a similar pattern has continued that of their couples of other countries, when showing increases in their indexes of productivity and in some of the financial indexes. This document also describes, the theoretical and empiric main contributions of the productive efficiency of companies of telecommunications privatized in the entire world.

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