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The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
This paper summarizes research examining how privatization programs implemented by governments over the past three … a privatized company. I show how sales programs have changed during the three historical eras of privatization, describe … privatization has played in increasing the total market capitalization of global stock exchanges from $3.2 trillion in 1983 …
Persistent link: https://www.econbiz.de/10008835303
We develop a theoretical framework for comparing the style of work in public and private enterprises. We incorporate ‘socializing’, as an activity that yields utility for workers and affects a firm’s output, into a simple multitask model of work organization. In contrast with previous...
Persistent link: https://www.econbiz.de/10005791698
The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into … gains, privatization never increases welfare. Moreover, even when large efficiency gains are realized, an inefficient public …
Persistent link: https://www.econbiz.de/10008500652
distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its …
Persistent link: https://www.econbiz.de/10005114270
-experiment in the OECD: the privatization of many network industries (e.g. telecommunications and utilities). We present a model … labour share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data … on several network industries and find that privatization can account for a significant proportion of the fall of labour …
Persistent link: https://www.econbiz.de/10005114490
Comprehensive panel data on privatization transactions and labor productivity in Romanian industrial corporations are … used to describe the post-privatization ownership structure, and to estimate the effect of Romania's diverse privatization … transfers and mass privatization are estimated to have significantly smaller-although still positive-effects on firm performance. …
Persistent link: https://www.econbiz.de/10005116770
Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...
Persistent link: https://www.econbiz.de/10011392847
Studies of mass support for economic reform reveal a simple conclusion: Everyone hates privatization. Yet whether … respondents hold this view due to a preference for state property or concerns about the legitimacy of privatization is unclear. We … capital affects support for revising privatization primarily via a preference for state property over private property …
Persistent link: https://www.econbiz.de/10010574232
privatization, but most respondents prefer to leave firms in private hands. We examine who wants to revise privatization and why …. Respondents with poor human capital and few assets support revising privatization due to a preference for state over private … property. Economic hardships during transition increase support for revising privatization due to the perceived unfairness of …
Persistent link: https://www.econbiz.de/10005497879