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Privatization in Austria: Some theoretical reasons and performance measures

Schneider, Friedrich; Belke, Ansgar - 2004

The issues of privatization (and sometimes deregulation) have been reviewed in a large literature on the various … aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why … privatization is useful as well as profitable for an economy and empirically present the extent of privatization in Austria and …

Persistent link: https://www.econbiz.de/10010294495

The Political Economy of Privatization: Why Do Governments Want Reforms?

Boerner, Kira - 2004

International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …

Persistent link: https://www.econbiz.de/10011324980

Self-Selection And Earnings During Volatile Transition

Dimova, Ralitza; Gang, Ira N. - 2004

Using Bulgarian Integrated Household Surveys for 1995, 1997 and 2001 this paper explores determinants of labor force status – not working, public sector employment, private sector employment and self-employment – and earnings for each of the three employment sectors. We find that while...

Persistent link: https://www.econbiz.de/10010263229

Wage inequality and returns to education in Turkey: a quantile regression analysis

Tansel, Aysit; Bircan, Fatma - 2011

This paper investigates the male wage inequality and its evolution over the 1994-2002 period in Turkey by estimating Mincerian wage equations using OLS and quantile regression techniques. Male wage inequality is high in Turkey. While it declined at the lower end of the wage distribution it...

Persistent link: https://www.econbiz.de/10010273688

The performance of state-owned enterprises and newly privatized firms: Empirical evidence from Egypt

Omran, Mohammed - 2002

Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …

Persistent link: https://www.econbiz.de/10011335746

Capital Structure and Regulation: Does Ownership Matter?

Cambini, Carlo; Bortolotti, Bernardo; Rondi, Laura; … - 2007

We construct a comprehensive panel data of 96 publicly traded European utilities over the period 1994-2005 in order to study the relationship between the capital structure of regulated firms, regulated prices, and investments, and examine if and how this interaction is affected by ownership...

Persistent link: https://www.econbiz.de/10010312393

Italys Privatization Process and Its Implications for China

Bortolotti, Bernardo - 2005

process. Particularly, it analyzes the symbiotic link between share issue privatization (SIP), i.e. privatization in public …

Persistent link: https://www.econbiz.de/10010312583

The Evolution of Enterprise Reform in Africa: From State-owned Enterprises to Private Participation in Infrastructure - and Back?

Nellis, John - 2005

was largely abandoned by the IFIs and privatization and private participation in infrastructure, or PPI became the order …

Persistent link: https://www.econbiz.de/10010312321

From Government to Regulatory Governance: Privatization and the Residual Role of the State

Perotti, Enrico; Bortolotti, Bernardo - 2005

This paper reviews the state of thinking on the governance role of public ownership and control. We argue that the transfer of operational control over productive assets to the private sector represents the most desirable governance, due to the inherent difficulty for citizens to constrain...

Persistent link: https://www.econbiz.de/10010312416

Smoking, discount rates, and returns to education

Fersterer, Josef; Winter-Ebmer, Rudolf - 2000

Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 as an instrument for schooling in order to cope with ability bias in a returns to education...

Persistent link: https://www.econbiz.de/10010294523