Showing 1 - 10 of 29
Persistent link: https://www.econbiz.de/10010848610
This paper focuses on the distribution impact from Senegal’s water reforms with emphasis on rates reforms. We first analyze the evolution of consumption patterns before and after the reforms. We found that most of the gains accrue to the highest income classes while the poor have seen little...
Persistent link: https://www.econbiz.de/10010938855
This paper provides a "back-of-the-envelope" assessment of the efficiency effects of the reforms of the water sector in Argentina. Private operators are now key players in 15 of Argentina's provinces. While all have adopted incentive based regulatory regimes which require estimates of economic...
Persistent link: https://www.econbiz.de/10011011400
privatization in different countries. The discussed effects include: effects on consumers, tax-payers, workers, shareholders; on …
Persistent link: https://www.econbiz.de/10010960463
We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …
Persistent link: https://www.econbiz.de/10005077066
We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We find that concentrated foreign …
Persistent link: https://www.econbiz.de/10005086656
Learning is a subject of intense research in experimental economics. We contribute to this debate by presenting persuasive evidence that learning took place among uninformed heterogeneous agents on a quasi-stock market during a large-scale natural experiment that by size, incentives, and...
Persistent link: https://www.econbiz.de/10005146552
This paper offers a quantitative evaluation of the distribution of the welfare of a water privatization experience in … privatization. Second and contrary to what is often claimed, users benefited through lower real water prices. Third, labor …
Persistent link: https://www.econbiz.de/10009322853
Is privatization per se socially beneficial? Or do those benefits depend on the subsequent changes in the regulatory … counterfactuals about British Telecom privatization and regulation. In the factual scenario, the British government decided to …
Persistent link: https://www.econbiz.de/10009324383
The standard electricity industry reform paradigm in several EU countries since the 1990s includes privatization … insists on a rather unified approach, aiming at the full opening of the internal market. Privatization neither is a necessary … and survey data on consumer satisfaction in the EU-15. Our empirical findings reject the prediction that privatization …
Persistent link: https://www.econbiz.de/10009324475