concentration and bidding competition decrease in the privatized sector may have outweighed eventual gains coming from privatization …. On the other hand, the threat that privatization may represent for public unit managers may have stimulated them to … recent privatization are associated with lower costs. Instead, old privatization is not associated with lower costs. …

the recent process of privatization and its motivations. Since public ownership and regulation are substitutes for … government intervention, we check the hypothesis that highways privatization induces more strict regulation. Indeed, we observe …

competition may come to outweigh gains from privatization. Second, the threat of privatization may have stimulated public unit … managers to search for alternative reforms. The results suggest that both inter-municipal cooperation and recent privatization … are associated with lower costs, while old privatization is not. …

investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization … documented phenomenon both in this study and in the cross-country literature on privatization; e.g. political ends in … privatization, influence in appointments, golden shares) as the most visible part of such collusion. Liberalization and multi …

Several empirical studies have analyzed the factors that influence local privatization. We examine the influence of … accounting for different amounts of transaction costs: water and solid waste delivery. Our results show that privatization is …