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The Political Economy of Privatization
Bortolotti, Bernardo; Pinotti, Paolo - Fondazione ENI Enrico Mattei (FEEM) - 2003
This paper provides an empirical analysis of the role of political institutions in privatization. The empirical testing … we show the likelihood and the extent of privatization to be strongly and positively associated with majoritarian … political systems. On the contrary, in consensual democracies privatization seems delayed by a “war of attrition” among …
Persistent link: https://www.econbiz.de/10005385457
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Late Budgets
Andersen, Asger L.; Lassen, David Dreyer; Nielsen, … - Economic Policy Research Unit (EPRU), Økonomisk Institut - 2010
The budget forms the legal basis of government spending. If a budget is not in place at the beginning of the fiscal year, planning as well as current spending are jeopardized and government shutdown may result. This paper develops a continuous-time war-of-attrition model of budgeting in a...
Persistent link: https://www.econbiz.de/10008565835
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Do Retail Incentives Work in Privatizations?
Keloharju, Matti; Knüpfer, Samuli; Torstila, Sami - C.E.P.R. Discussion Papers - 2004
-term increase in volume. Incentives have been surprisingly effective in meeting stated privatization objectives. A dollar spent on …
Persistent link: https://www.econbiz.de/10005656346
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Understanding Inappropriateness in Health Care. The Role of Supply Structure, Pricing Policies and Political Institutions in Caesarean Deliveries
Francese, Maura; Piacenza, Massimiliano; Romanelli, Marzia - Dipartimento di Scienze Economico-Sociali e … - 2012
The upward trend in the incidence of caesarean deliveries is a widespread stylised fact in many countries. Several studies have argued that it does not reflect, at least in part, patients’ needs but that it is also influenced by other factors, such as providers/physicians incentives. Not...
Persistent link: https://www.econbiz.de/10010575647
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Delayed privatization
Bortolotti, Bernardo; Pinotti, Paolo - In: Public Choice 136 (2008) 3, pp. 331-351
Persistent link: https://www.econbiz.de/10005809373
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Reluctant privatization
Bortolotti, Bernardo; Faccio, Mara - Center for Economic Institutions, Institute of Economic … - 2006
evidence broadly consistent with the concept of "reluctant privatization", defined as the transfer of ownership rights in State …
Persistent link: https://www.econbiz.de/10005045083
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The Political Economy of Privatization
Börner, Kira - Volkswirtschaftliche Fakultät, … - 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/10005187345
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Outsourcing, Market Structure and Elections
Bennedsen, Morten; Schultz, Christian - Økonomisk Institut, Copenhagen Business School - 2003
No Abstarct available!
Persistent link: https://www.econbiz.de/10005419466
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Reluctant Privatization
Bortolotti, Bernardo; Faccio, Mara - Fondazione ENI Enrico Mattei (FEEM) - 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/10005423081
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Outsourcing, Market Structure and Elections.
Bennedsen, Morten; Schultz, Christian - Centre for Industrial Economics (CIE), Økonomisk Institut - 2003
We make a positive analysis of the impact of market structure and political preferences on a (local) government's decision to outsource public service using the framework of Hart, Shleifer and Vishny (1997). We argue that although outsourcing is more attractive when the privte market is...
Persistent link: https://www.econbiz.de/10005749440