Showing 1 - 10 of 33
The sweeping political changes and institutional transformation in the former Soviet Union, together with the market shock created by the collapse of the Soviet economy were expected to generate substantial changes in firm behaviours. Privatisation, in particular, was thought to constitute the...
Persistent link: https://www.econbiz.de/10005869980
This paper utilises evidence from the first collapse of a private finance initiative in the UK, that of the National Physical Laboratory, to examine the reality of PFIs in contrast to the rhetoric presented by government...
Persistent link: https://www.econbiz.de/10005870675
This paper uses a stochastic cost frontier model to investigate the efficiency of Britain’s private railways during the period 1893-1912. We find that there was substantial inefficiency in the industry with no sign of reduction over time. Our main conclusion is that principal agent problems...
Persistent link: https://www.econbiz.de/10005870948
This paper develops a typology of welfare services and attempts toillustrate its use in clarifying discussions about the privatisation ofwelfare and in analysing changes in expenditure. A third dimension,which concerns the extent of the consumer’s decision-making power andturns on the question...
Persistent link: https://www.econbiz.de/10008766016
This paper analyses the shifting balance between public sector and privatesector welfare provision in the United Kingdom over the past two decades. Fivesectors – education, health, personal social services, housing, and incomemaintenance and social security – are examined over three time...
Persistent link: https://www.econbiz.de/10009354035
The literature shows that for most UK industries privatization might be necessary but is not sufficient to produce … than privatization itself. We ask what changes around privatization had the greatest impact on efficiency for UK … electricity generators. We analyse the effects of privatization and other changes in incentives on plant efficiency using a newly …
Persistent link: https://www.econbiz.de/10009354096
firms. First,accounting data prior to and after the privatization are employed to measure the operatingperformance of … different to private counterparts. Overallresults, however, show that the privatization in Sweden was not as successful as it …
Persistent link: https://www.econbiz.de/10009360652
politics emphasized restructuring and privatization,which are widely seen as preconditions for attracting private investment …
Persistent link: https://www.econbiz.de/10009360748
Within the debate on the UK productivity gap regulation has been identified as a potential cause. This paper investigates the effect of regulation on productivity by exclusively focusing on indirect, unintended and/or unforeseen effects. First we develop a conceptual framework, then we use this...
Persistent link: https://www.econbiz.de/10005862777
The share of privately managed road infrastructure throughout Western Europe is relatively high; the progress among these countries is unequally developed. While private concessionaires have been established in England, France, Spain, Finland, France, Italy and Portugal since the late 1950s,...
Persistent link: https://www.econbiz.de/10005863789