Several empirical studies have analyzed the factors that influence local privatization. We examine the influence of transaction costs and political factors on local governments' choices through new variables. We consider two relevant services accounting for different amounts of transaction...

Several empirical studies have analyzed the factors that influence local privatization. We examine the influence of transaction costs and political factors on local governments' choices through new variables. We consider two relevant services accounting for different amounts of transaction...

This paper conducts an empirical analysis of the relationship between privatization, competition, and regulation drawing on data from a wide sample of European airports. Privatization policies may involve a shift in the way governments are able to intervene in markets, while airports -- unlike...