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Privatization, Investment and Ownership Efficiency

Friberg, Richard; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2008

the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …

Persistent link: https://www.econbiz.de/10005771095

Privatization Policy in an International Oligopoly

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2003

This paper studies privatization policy in an international oligopoly. The argument that equal treatment of foreign … relevant in privatization auctions than in greenfield FDI models, since these profit shifts are partly paid for by the foreign … firms in the bidding competition. Effects of local equity requirements, trade and investment policies are also studied. It …

Persistent link: https://www.econbiz.de/10005419497

Privatization as a part of a Liberalization Program in an International Oligopoly

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2000

privatization. Market power is shown to be an important determinant of the equilibrium market structure, when greenfield investment … Treatments clauses are partly paid for by the foreign investor in the bidding competition over the state assets. …

Persistent link: https://www.econbiz.de/10005419531

Privatization of Credence Goods: Theory and an Application to Residential Youth Care

Lindqvist, Erik - Institutet för Näringslivsforskning (IFN) - 2008

A wide range of services provided by the public sector are credence goods, i.e., services for which the producer has private information whether a certain treatment is needed or not. This paper studies how ownership affects the incentives for producers to reveal such information to public...

Persistent link: https://www.econbiz.de/10005419540

Privatization and Foreign Competition.

Norback, P.J.; Persson, L. - Institutet för Näringslivsforskning (IFN) - 2001

National Treatments clauses is partly paid for by the foreign investor in the bidding competition over the state assets. …

Persistent link: https://www.econbiz.de/10005639285

Privatization as a Part of Liberalization Program in an International Oligopoly.

Norback, P.J.; Persson, L. - Institutet för Näringslivsforskning (IFN) - 2000

privatization. …

Persistent link: https://www.econbiz.de/10005639308

Privatization and Restructuring in Concentrated Markets

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2003

This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....

Persistent link: https://www.econbiz.de/10005645287

Endogenous Asset Ownership Structures in Deregulated Markets

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2003

investment liberalization. It is shown that bidding competition in the privatization stage is necessary but not sufficient for …This paper determines the equilibrium ownership structure in an emerging market deregulated by privatization and … reaching an efficient equilibrium market structure. Competition in the ensuing entry stage is also necessary. Otherwise, one …

Persistent link: https://www.econbiz.de/10005645301

Privatization and Foreign Competition

Persson, Lars; Norbäck, Pehr-Johan - Institutet för Näringslivsforskning (IFN) - 2001

National Treatments clauses is partly paid for by the foreign investor in the bidding competition over the state assets. …

Persistent link: https://www.econbiz.de/10005645330

Will Privatization Reduce Costs?

Lindqvist, Erik - Institutet för Näringslivsforskning (IFN) - 2008

I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...

Persistent link: https://www.econbiz.de/10005645363