Showing 1 - 10 of 5,966
In contrast to earlier literature, this paper finds empirical evidence that privatization has deteriorated fiscal … privatization, as it appears that tax revenue in many transition countries remained lackluster even after the adoption of several … privatization has affected tax revenues. Using panel data for 29 Eastern European and former Soviet Union countries, the analysis …
Persistent link: https://www.econbiz.de/10010665611
We analyze the role of privatization in creating a constituency for economic reform, markets, and democratic … privatization, we find positive effects for participants retaining shares, but little impact of participation alone. Our simulations …
Persistent link: https://www.econbiz.de/10005116790
The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into … gains, privatization never increases welfare. Moreover, even when large efficiency gains are realized, an inefficient public …
Persistent link: https://www.econbiz.de/10008500652
The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenizing the determination of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …
Persistent link: https://www.econbiz.de/10005008686
This article discusses China’s incremental approach to SOE reform, the difficulties of continuing this approach as the need to make efficiency gains across all sectors of the economy becomes more acute, and future reform options and the challenges in carrying them out.
Persistent link: https://www.econbiz.de/10010721249
We investigate how contract specificities affect the performance of municipal infrastructure projects in transportation, district heating, water, waste water and solid waste. Using data from projects financed by the European Bank for Reconstruction and Development (EBRD), we look at the effect...
Persistent link: https://www.econbiz.de/10008621988
We propose three ideal types of business–state relations in a transition economy and explore the impact of government directors on corporate boards for firm behavior. Using a unique dataset of joint-stock companies in Russia, we find that the presence of government directors on corporate...
Persistent link: https://www.econbiz.de/10011056266
Each year the Heritage Foundation and The Wall Street Journal publish the Index of Economic Freedom. This major study compiles economic data on more than 150 countries. The compilers divide the data into ten categories, ranging from business freedom to labor freedom. One of the ten categories is...
Persistent link: https://www.econbiz.de/10012728951
La preacute;sente eacute;tude passe en revue l`expeacute;rience des eacute;conomies en transition d`Europe centrale et orientale en matiegrave;re d`ajustement budgeacute;taire, afin d`en deacute;gager des enseignements pour l`ex-Union sovieacute;tique. Elle souligne en particulier la...
Persistent link: https://www.econbiz.de/10012781549
In this paper we asses the ability of alternative time series models to produce accurate fiscal revenue forecasts in a transition country and compare them to offi cial forecast. We take on a disaggregated approach and estimate separate models for seven revenue sources. Alternative time series...
Persistent link: https://www.econbiz.de/10011006980