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Ownership and Corporate Control in Poland: Why State Firms Defied the Odds

Pinto, Brian; van Wijnbergen, Sweder - C.E.P.R. Discussion Papers - 1995

We present evidence of major adjustment efforts in the State sector in Poland well before privatization. Extensive …

Persistent link: https://www.econbiz.de/10005497734

Public Ownership: Concepts and Applications

Mayer, Colin - C.E.P.R. Discussion Papers - 1987

Public ownership is viewed as a restriction on the portfolio of equities held by investors. Three conditions are required to justify such restrictions. First, monitoring and coordination create concentration in supply or demand. Second, complete contracts must be infeasible or undesirable....

Persistent link: https://www.econbiz.de/10005656213

Industrial Organization and the New Industrial Policy

Audretsch, David B - C.E.P.R. Discussion Papers - 1998

The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field...

Persistent link: https://www.econbiz.de/10005136586

Government versus Private Ownership of Public Goods

Besley, Timothy J.; Ghatak, Maitreesh - C.E.P.R. Discussion Papers - 2001

There has been a dramatic change in the division of responsibility between the state and the private sector for the delivery of public goods and services in recent years with an increasing trend towards contracting out to the private sector and ‘public-private partnerships’. This Paper...

Persistent link: https://www.econbiz.de/10005661980

Regulation, Privatization, and Airport Charges: Panel Data Evidence from European Airports

Bilotkach, Volodymyr; Clougherty, Joseph A.; Mueller, … - C.E.P.R. Discussion Papers - 2011

privatization on airport charges in a panel data setting where fixed effects can be employed to mitigate endogeneity concerns. Our …

Persistent link: https://www.econbiz.de/10009351519

Assessing the impact of Mali’s water privatization across stakeholders

Estache, Antonio; Grifell-Tatjé, Emili - C.E.P.R. Discussion Papers - 2011

This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization … intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also …

Persistent link: https://www.econbiz.de/10009399719

Raising the Financial Costs of Children and Fertility Responses: Evidence from the Kibbutz

Ebenstein, Avraham; Hazan, Moshe; Simhon, Avi - C.E.P.R. Discussion Papers - 2011

examines the impact of the privatization of kibbutzim on fertility behavior among members. We find that fertility declined by 6 …-15 percent following the shift to privatization. In light of the massive change in financial costs associated with childbearing … due to privatization, our results suggest that financial considerations may be a more modest factor in fertility decisions …

Persistent link: https://www.econbiz.de/10009367434

Defensive and Strategic Restructuring in Central European Enterprises

Grosfeld, Irena; Roland, Gérard - C.E.P.R. Discussion Papers - 1995

This paper interprets the existing evidence on enterprise restructuring in Poland, Hungary and the Czech Republic. Despite differences in restructuring policies, the pattern of observed restructuring appears similar in the three countries. Contrary to initial expectations, managers of SOEs have...

Persistent link: https://www.econbiz.de/10005662184

Privatization, Political Risk and Stock Market Development

Perotti, Enrico C; van Oijen, Pieter - C.E.P.R. Discussion Papers - 1999

This paper investigates whether privatization in emerging economies has a significant indirect effect on local stock … market development through the resolution of political risk. We argue that a sustained privatization program represents a … to regulatory and private property rights. We present evidence suggesting that progress in privatization is correlated …

Persistent link: https://www.econbiz.de/10005662345

Who Wants To Revise Privatization? The Complementarity of Market Skills and Institutions

Denisova, Irina; Eller, Markus; Frye, Timothy; … - C.E.P.R. Discussion Papers - 2009

autocracy and weak governance institutions there is no significant difference in support for revising privatization between high … level of support for revising privatization between the high and low skilled grows dramatically. This finding contributes to …

Persistent link: https://www.econbiz.de/10005666546