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The Determinants of Privatized Enterprise Performance in Russia
Angelucci, Manuela; Bevan, Alan; Estrin, Saul; Fennema, … - C.E.P.R. Discussion Papers - 2002
; corporate governance; market structures and competition; and financial constraints. We conclude that private ownership and …
Persistent link: https://www.econbiz.de/10005666814
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Enterprise Restructuring in Transition: A Quantitative Survey
Djankov, Simeon; Murrell, Peter - C.E.P.R. Discussion Papers - 2002
varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of … foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …
Persistent link: https://www.econbiz.de/10005504282
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The Political Economy of Privatization and Competition: Cross-Country Evidence from the Telecommunications Sector
Colin Xu, Lixin; Li, Wei; Zhen-Wei Qiang, Christine - C.E.P.R. Discussion Papers - 2001
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and … liberalization in the telecommunications sector. Building on the framework of a generalized private interest theory, we derive …
Persistent link: https://www.econbiz.de/10005504478
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Privatization, Competition and Reform Strategies: Theory and Evidence from Russian Enterprise Panel Data
Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2001
substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its … competition, and thus that competition only among state-owned enterprises may be ineffectual in stimulating them to increase …
Persistent link: https://www.econbiz.de/10005114270
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Privatization and Quality: Evidence from Elderly Care in Sweden
Bergman, Mats; Johansson, Per; Lundberg, Sofia; … - C.E.P.R. Discussion Papers - 2014
. However, privatization may increase quality by fostering performance-improving innovation, particularly if combined with … increased competition. We assemble a large data set on elderly care services in Sweden between 1990 and 2009 and estimate how … difference-in-difference-in-difference approach. The results indicate that privatization and the associated increase in …
Persistent link: https://www.econbiz.de/10011084097
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Competition And Firm Performance: Lessons From Russia
Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2000
impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …
Persistent link: https://www.econbiz.de/10005661595
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Participation Games: Market Entry, Coordination and the Beautiful Blonde
Anderson, Simon P; Engers, Maxim - C.E.P.R. Discussion Papers - 2005
We find the Nash equilibria for monotone n-player symmetric games where each player chooses whether to participate. Examples include market entry games, coordination games, and the bar-room game depicted in the movie 'A Beautiful Mind'. The symmetric Nash equilibrium involves excessive...
Persistent link: https://www.econbiz.de/10005662078
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How Should Control Theory be Used by a Time-Consistent Government?
Cohen, Daniel; Michel, Philippe - C.E.P.R. Discussion Papers - 1986
-Nash equilibrium and to an optimal policy rule. In each case, we show how control theory should or should not be applied to calculate …
Persistent link: https://www.econbiz.de/10005666548
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Regulation Games
Gilbert, Richard; Newbery, David M G - C.E.P.R. Discussion Papers - 1988
We examine regulation as a repeated game between a regulator and a utility facing a Markovian sequence of demands. Sunk capital would be expropriated by a regulator concerned only with the short-run interests of consumers. There exist rate of return regulatory policies supporting efficient...
Persistent link: https://www.econbiz.de/10005792339
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Price Stability as a Nash Equilibrium in Monetary Open-Economy Models
Benigno, Gianluca; Benigno, Pierpaolo - C.E.P.R. Discussion Papers - 2001
A two-country dynamic general-equilibrium model with imperfect competition and price stickiness is considered. This …. This is possible if and only if both countries maintain a certain positive degree of monopolistic competition. In such …
Persistent link: https://www.econbiz.de/10005136428