Showing 1 - 10 of 93
monopolist to study the effects of privatization on steady state levels of income. We allow for public sector inefficiencies … relative inefficiency of public firms and the amount of public investment. Furthermore, the gains from privatization are found … to be strongly related to the balance sheet of the public firm that is privatized. Privatization of public firms which …
Persistent link: https://www.econbiz.de/10005412752
investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization … documented phenomenon both in this study and in the cross-country literature on privatization; e.g. political ends in … privatization, influence in appointments, golden shares) as the most visible part of such collusion. Liberalization and multi …
Persistent link: https://www.econbiz.de/10005413213
The Commission was asked to review the National Third Party Access Regime for Natural Gas Pipelines. The review sought to assess the benefits and costs of the Regime, including its effects on investment. The Commission’s preliminary findings were released for public comment in December 2003...
Persistent link: https://www.econbiz.de/10005561783
. Privatization is in this modern era of market domination/new economy very much the buzzword. The perceived benefits of privatization … regarded as a public monopoly. Traditional theory tells us that privatization of a public monopoly neither ends the monopoly … power nor the possibility of the use of this power at the consumers expense. The absence of competition can thus induce the …
Persistent link: https://www.econbiz.de/10005134993
in privatization transactions despite some showcase transactions; fifth, regulation and competition have often been …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 …
Persistent link: https://www.econbiz.de/10005413292
jumped after deregulation, and new types of complaints such as unauthorized switching of service (“slamming”) arose. Failure … of Competition to Develop: Rather than compete for new customers, companies are relying on customer inertia to keep their … existing customer base. Higher prices for low- income consumers: Since deregulation begain in 1990, there has been a marked …
Persistent link: https://www.econbiz.de/10005076594
both traditional cost minimization models and newer models that reflect industry deregulation processes. The oldest …
Persistent link: https://www.econbiz.de/10005125661
The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the …
Persistent link: https://www.econbiz.de/10005126025
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005126483
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005134444