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Investment in Infrastructure and Trade : The Case of Ports
Brancaccio, Giulia; Kalouptsidi, Myrto; Papageorgiou, … - National Bureau of Economic Research - 2024
Transportation infrastructure is vital for the smooth functioning of international trade. Ports are a crucial gateway to this system: with more than 80% of trade carried by ships, they shape trade costs, and it is critical that they operate efficiently. Yet ports are susceptible to disruptions,...
Persistent link: https://www.econbiz.de/10014544781
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Privatization and nationalization cycles
Chang, Roberto - 2009
"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …
Persistent link: https://www.econbiz.de/10011394323
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The creation of the rule of law and the legitimacy of property rights : the political and economic consequences of a corrupt privatization
Hoff, Karla Ruth - 2005
investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is …
Persistent link: https://www.econbiz.de/10010522421
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Selling Company Shares to Reluctant Employees : France Telecom's Experience
Degeorge, Francois - 2000
In 1997, France T‚l‚com, the state-owned French telephone company, went through a partial privatization. The government …
Persistent link: https://www.econbiz.de/10012471078
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Would a Privatized Social Security System Really Pay a Higher Rate of Return
Genakoplos, John - 2000
Many advocates of social security privatization argue that rates of return under a defined contribution individual … riskiness of stock investments. Confusion arises because three distinct reforms are muddled. By privatization we mean creating … about a quarter of all social security contributions, in perpetuity. Unlike privatization, prefunding would raise rates of …
Persistent link: https://www.econbiz.de/10012471082
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Market Provision of Public Goods : The Case of Broadcasting
Anderson, Simon P. - 2000
This paper studies the market provision of a specific type of public good: radio and television broadcasts. Its main focus is to explore the ability of the market to provide broadcasting efficiently in a world in which broadcasters earn revenues by selling time to advertisers and advertisements...
Persistent link: https://www.econbiz.de/10012471263
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When Can Public Policy Makers Rely on Private Markets? The Effective Provision of Social Services
Blank, Rebecca M. - 1999
The privatization of social services is being increasingly discussed. The social services market is characterized by …
Persistent link: https://www.econbiz.de/10012471699
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Privatization of Public Goods : Evidence from the Sanitation Sector in Senegal
Deutschmann, Joshua W.; Gars, Jared; Houde, Jean-François - National Bureau of Economic Research - 2021
Privatization of a public good (the management of sewage treatment centers in Dakar, Senegal) leads to an increase in … dumping increased substantially following privatization-on average an increase of 61.7%, or an increase of about 14,000 cubic … following privatization, and DHS data show that diarrhea rates among children under five decreased in Dakar relative to …
Persistent link: https://www.econbiz.de/10012629515
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Private versus Public Enforcement of Fines
Polinsky, A. Mitchell - 1979
The present paper analyzes the competitive, monopolistic, and public enforcement of fines allowing for the costs of enforcement to differ by the choice of the enforcer. There are a number of reasons to expect such differences. First, the benefits from coordinating enforcement -- for example,...
Persistent link: https://www.econbiz.de/10012478810
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Adjudication as a Private Good
Landes, William M. - 1978
This paper examines the question whether adjudication can be viewed as a private good, i.e., one whose optimal level will be generated in a free market. Part I focuses on private courts, noting their limitations as institutions for dispute resolution and rule creation but also stressing the...
Persistent link: https://www.econbiz.de/10012478886