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State ownership and control in the Czech Republic
Kočenda, Evžen; Hanousek, Jan - 2009
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …
Persistent link: https://www.econbiz.de/10003887481
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Full privatization through controlling rights transfer in China : the extent of its success
Bai, Yunxia; Lin, Bingxuan; Wang, Yaping; Wu, Liansheng - In: Applied economics 45 (2013) 13/15, pp. 1857-1867
Persistent link: https://www.econbiz.de/10009758505
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Activists versus captured regulators
Daubanes, Julien; Rochet, Jean-Charles - 2013
We analyze the consequences of activism in a regulated industry where the regulator has been captured by the industry. Unlike ordinary economic agents, activists are insensitive to monetary incentives. Moreover, they are less well informed than regulators and their actions generate dead-weight...
Persistent link: https://www.econbiz.de/10010199716
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Different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach
Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich; … - 2005
larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing …
Persistent link: https://www.econbiz.de/10003204038
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A macroeconomic analysis of energy subsidies in a small open economy
Glomm, Gerhard; Jung, Jürgen - 2015
sector production. The model is calibrated to Egypt and used to study reforms such as reductions in energy subsidies with …
Persistent link: https://www.econbiz.de/10010479353
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After … defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform … industry-specific SOE reform trends as well as the latest reform developments. Until today, a stable, successful, longterm …
Persistent link: https://www.econbiz.de/10012026451
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Emotions and political unrest
Passarelli, Francesco; Tabellini, Guido Enrico - 2013
This paper formulates a general theory of how political unrest influences public policy. Political unrest is motivated by emotions. Individuals engage in protests if they are aggrieved and feel that they have been treated unfairly. This reaction is predictable because individuals have a...
Persistent link: https://www.econbiz.de/10009722397
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On the optimal size of public sector under rent-seeking competition from state coffers
Park, Hyun; Philippopulos, Apostolēs; Vassilatos, Vanghelis - 2003
This paper incorporates competition for fiscal transfers (or, equivalently, rent seeking from state coffers) into a standard general equilibrium model of economic growth and endogenously chosen fiscal policy. The government generates tax revenues, but then each selfinterested individual agent...
Persistent link: https://www.econbiz.de/10011508090
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China's secondary privatization : new evidence on controlling shareholders tunnelling
Huang, Wei - In: Applied economics 49 (2017) 2, pp. 188-201
Persistent link: https://www.econbiz.de/10011810546
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Improving the SGP : taxes and delegation rather than fines
Lindbeck, Assar (contributor); Niepelt, Dirk (contributor) - 2005
We analyze motivations for, and possible alternatives to, the Stability and Growth Pact (SGP). With regard to the former, we identify domestic policy failures and various cross-country spillover effects; with regard to the latter, we contrast an economic-theory" perspective on optimal corrective...
Persistent link: https://www.econbiz.de/10002576733