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concentration and bidding competition decrease in the privatized sector may have outweighed eventual gains coming from privatization …. On the other hand, the threat that privatization may represent for public unit managers may have stimulated them to … recent privatization are associated with lower costs. Instead, old privatization is not associated with lower costs. …
Persistent link: https://www.econbiz.de/10005125882
This paper examines the growth pattern followed by the Chilean economy with reference to the macroeconomic reforms undertaken during the Pinochet regime, which were largely maintained by successive democratic administrations and partially reproduced by neighbouring countries. The focus is on the...
Persistent link: https://www.econbiz.de/10005126348
Privatization became a central element of economic reforms in most countries in Sub-Saharan Africa during the 1990s …. Yet, empirical evidence regarding the impact of privatization remains scarce. Since the seminal work of CAMPBELL … a time when public opposition to further privatization is growing, this paper aims at giving a broad overview of the …
Persistent link: https://www.econbiz.de/10005413292
This paper employs ordinary least squares (OLS) estimation to examine the determinants of foreign direct investment (FDI) and the effect of FDI on per capita GDP growth in Bolivia over the period 1990:1-1998:4. The regression results find that the real effective multilateral exchange rate, the...
Persistent link: https://www.econbiz.de/10005561297
this paper represents a continuation of a previous paper where we demonstrated the “abnormal” behavior that local authority from Romania is manifesting regarding the subventions received from the central budget. In accord with public choice theory, exist an “affinity” of a social group -...
Persistent link: https://www.econbiz.de/10005407834
In advanced market economies, the use of trade credits is an important way of short-term financing and generally considered as being part of normal business practice. Some transition economies, however, have experienced a rapid accumulation of trade credits which have led to interlocking webs of...
Persistent link: https://www.econbiz.de/10005556025
The article discusses the possible cost savings of contracting out refuse collection in the Netherlands. According to foreign econometric studies, contracting out refuse collection leads to cost savings of approximately 20%. Our findings indicate that similar cost savings apply to the...
Persistent link: https://www.econbiz.de/10005076614
The objective in this paper is to improve the existing evidence regarding the role ownership plays in economic efficiency. It is pursued through enhancements in modeling, estimation techniques, and experimental design. With respect to modeling, state ownership is explicitly introduced into the...
Persistent link: https://www.econbiz.de/10005077061
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
In this paper we analyse whether collusion exists in the Dutch waste collection market, which shows a high degree of concentration. Although scale effects might be in accordance with this market outcome, the question is whether this concentration is in fact a result of fair competition. Using...
Persistent link: https://www.econbiz.de/10005134488