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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 …
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development of the interaction between the political economy and concepts of production, notably in Germany. First, we show why … respect to political, business, and economic changes in Germany, we show that DQP Mark I, a regime by and large characteristic … continuity, which helps explain how Germany maintained economic performance after the mid-2000s, more than other countries in …
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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 …
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