Showing 1 - 10 of 702
We investigate how port privatization affects port charges, firm profits, and welfare. Our model consists of an … international duopoly with two ports and two markets. When the unit transport cost is large, privatization of ports decreases the … prices for port usage, although neither government has an incentive to privatize its port. The equilibrium governmental …
Persistent link: https://www.econbiz.de/10010332370
analytically derive the welfare effect of privatization of port 2 and determine the optimal degree of privatization. Under Cournot … necessarily a one-size-fits-all strategy for port privatization, and it is important for policymakers to consider the effects of … market demand, port competition factors in port privatization. …
Persistent link: https://www.econbiz.de/10011944320
Lokale Häfen sind Akteure in einem hochgradig globalisierten Wirtschaftszweig, der Logistikindustrie. Territorial tief … verwurzelt, sind sie einem starken Wettbewerbsdruck seitens globaler Schiffahrtsunternehmen einerseits, anderer Häfen und … zunehmend auch multinationaler Hafenunternehmen andererseits ausgesetzt. NEW EPOC-Häfen operieren im Kontext einer …
Persistent link: https://www.econbiz.de/10010516242
This paper studies the experience of regulatory reform of state-owned enterprises (SOEs) in Thailand and Malaysia. It … explores the trends of regulatory reforms relating to the creation of privatization, liberalization, and competition. The paper … Thailand and Malaysia. It argues that, while having active plans for regulatory reforms, the implementation of these reforms …
Persistent link: https://www.econbiz.de/10012610017
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
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
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
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 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
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