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External constraints matter for privatizations
Petrarca, Ilaria; Ricciuti, Roberto - 2014
. Despite much has been said on the broad topic of reforms and regulation, a sector-specific insight is missing. We replicate …
Persistent link: https://www.econbiz.de/10010426052
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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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Committing to grow : privatizations and firm dynamics in East Germany
Akcigit, Ufuk; Alp, Harun; Diegmann, André; … - 2023
investigates a unique policy designed to maintain employment during the privatization of East German firms after the fall of the …
Persistent link: https://www.econbiz.de/10014340125
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Privatization in Italy 1993-2002 : goals, institutions, outcomes, and outstanding issues
Goldstein, Andrea - 2003
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on … analysis of the consequences of privatization on corporate governance show that, notwithstanding considerable changes in the …
Persistent link: https://www.econbiz.de/10011507688
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Privatising network industries
Newbery, David M. G. - 2004
Persistent link: https://www.econbiz.de/10011402670
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Network utilities in the U.S. : sector reforms without privatization
Vogelsang, Ingo - 2004
U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...
Persistent link: https://www.econbiz.de/10011402612
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A fair price for energy? : ownership versus market opening in the EU15
Fiorio, Carlo V.; Florio, Massimo - 2010
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
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Privatization experiences in France
Berne, Michel; Pogorel, Gérard - 2004
firms as well as all the banks and public services were state-owned. Since then, a series of privatization moves have caused …
Persistent link: https://www.econbiz.de/10011401332
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Privatisation policy in Spain : stuck between liberalisation and the protection of nationals interests
Arocena, Pablo - 2004
This paper carries out an overview of the recent history of privatisation in Spain. At this point, the paper focuses on the analysis of the economic, financial and political objectives pursued by successive Spanish Administrations. It is argued that privatisation policy has been inconsistent...
Persistent link: https://www.econbiz.de/10011401386
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Privatisation of network industries in Germany : a disaggregated approach
Knieps, Günter - 2004
an adequate regulation of access to the non-competitive infrastructures (monopolistic bottlenecks) is necessary in order …
Persistent link: https://www.econbiz.de/10011402409