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Die Aufgabe der kommunalen Wasserversorgungsunternehmen besteht darin, die Verbraucher mit qualitativ hochwertigem Trinkwasser in ausreichender Menge zu versorgen. Auf der anderen Seite müssen die kommunalen Abwasserentsorgungsbetriebe das von den Grundstückseigentümern erzeugte Abwasser...
Persistent link: https://www.econbiz.de/10010291672
Many comparisons of the performance of public and private producers use a public/private ownership dummy variable to capture cost differences in cross section data. This is appropriate if the producer choice is random. The dummy variable model is, however, logically inconsistent if the producer...
Persistent link: https://www.econbiz.de/10010321722
This report is concerned with the analysis of privatization and private sector development for the eastern and … development and, to a greater or lesser extent, privatization of stateowned assets. However, there is a great deal of … divided into two groups: one, including Algeria, Libya, and Syria, where reforms promoting privatization and private sector …
Persistent link: https://www.econbiz.de/10010326585
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …
Persistent link: https://www.econbiz.de/10010262532
spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress … somewhat. One of the main lessons for privatization policy makers in MENA countries from the experience in other regions is …
Persistent link: https://www.econbiz.de/10011430885
Comprehensive panel data on privatization transactions and labor productivity in Romanian industrial corporations are … used to describe the post-privatization ownership structure, and to estimate the effect of Romania's diverse privatization … transfers and mass privatization are estimated to have significantly smaller-although still positive-effects on firm performance. …
Persistent link: https://www.econbiz.de/10011763244
I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...
Persistent link: https://www.econbiz.de/10010320112
A wide range of services provided by the public sector are credence goods, i.e., services for which the producer has private information whether a certain treatment is needed or not. This paper studies how ownership affects the incentives for producers to reveal such information to public...
Persistent link: https://www.econbiz.de/10010320219
I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...
Persistent link: https://www.econbiz.de/10010281289
'politics of policies'. The analysis finds, however, that the failure of repeated liberalization initiatives was not only due to … policy-makers' errors in steering the project through 'the messy world of politics' (IDB); instead, as liberalization …
Persistent link: https://www.econbiz.de/10010330105