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administration Aerolineas Argentinas Aeromexico airline allocative efficiency Argentina assets auction average Banco Banco de Chile bank bidders Bogotá buyers Cananea Celulosa Chile Colombia company's competition concession contracts CORFO costs deregulation domestic EDIS employees Empresa ENDESA ENTEL fiscal gain fiscal impact foreign funds government's higher Hypothesis is rejected included increase industry inputs interest rates investment investors labor liabilities macroeconomic MEXICANA Mexicana de Aviacion Mexico million mills monopoly NAFINSA offered operating ownership participation payment PEMEX percent pesos petrochemical petroleum popular capitalism present value private sector Privatización privatization process privatized enterprises productive efficiency profits public enterprises public sector purchase reduced reference price refuse collection regulations regulatory result revenue round of privatizations sales price sell shareholders shares SOFASA sold state-owned stock exchange structure subsidies sugar Table Telefonica telephone service TELMEX tion transfer U.S. dollars valuation workers