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Methods and sequencing of privatization: what post-socialist countries can learn from Chile

Agarwal, Jamuna Prasad; Nunnenkamp, Peter - 1992

Persistent link: https://www.econbiz.de/10010270558

Redistributive impact of privatization and the regulation of utilities in Chile

Paredes M., Ricardo - 2001

Persistent link: https://www.econbiz.de/10010279023

(Partial) privatization social security: The Chilean model - a lesson to follow?

Eisen, Roland - 2000

This paper examines thoroughly the Chilean Pension Reform, giving first an overview of the mandatory saving plan, the relevant institutions, and the rules for transition from the old to the new system. The main part of the paper contains a critical evaluation of the reform, in particular the...

Persistent link: https://www.econbiz.de/10010317415

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

Privatization and liberalization in vertically linked markets

Stähler, Frank; Traub, Stefan - 2009

liberalization and their privatization which can be complete or partial such that upstream production is still run by an SOE. We show … in most cases even if a holdup problem exists. For any vertically separated structure we find that privatization through … multi-product firms welfare dominates privatization through single-product firms. …

Persistent link: https://www.econbiz.de/10010298993

Privatization and Restructuring in Concentrated Markets

Norback, Pehr-Johan; Persson, Lars - 2004

This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....

Persistent link: https://www.econbiz.de/10011324978

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

The Missing Shock: The Macroeconomic Impact of British Privatisation

Florio, Massimo; Grasseni, Mara - 2004

The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...

Persistent link: https://www.econbiz.de/10011324982

Privatisation Methods and Economic Growth in Transition Economies

Bennett, John; Estrin, Saul; Maw, James; Urga, Giovanni - 2004

We investigate the impact of differences in privatisation method on national economic performance in transition economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period 1990-2001. Among our results, we find that mass...

Persistent link: https://www.econbiz.de/10011324983

Reluctant Privatization

Bortolotti, Bernardo; Faccio, Mara - 2004

through 2000. We find that governments do not relinquish control after "privatization." We show that the market-to-book ratios …

Persistent link: https://www.econbiz.de/10011325012

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