Ang, Alvin; Yamada, Masatoshi - In: Review of Development Economics 11 (2007) 4, pp. 723-736
Privatization has been one of the significant public policies adopted in the last two decades. Previous studies have focussed on efficacy gains at the firm and industry levels. This paper intends to reconsider the distributive impacts of privatization on the economy as a whole from a theoretical...