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 …

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 …

distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its …

-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 …

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. …