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within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012287328
subject of this study is the analysis of network industries with particular emphasis on privatization in this field in general … is threefold. The chapter on privatization is based on a theoretical model, followed by a chapter on the institutional …
Persistent link: https://www.econbiz.de/10011747619
We investigated the effects of privatization on hospital efficiency in Germany. To do so, we obtained bootstrapped DEA … associated with an increase in efficiency of between 3.2 and 5.4%. We defined four alternative post-privatization periods and …
Persistent link: https://www.econbiz.de/10010310631
The Italian and German banking systems shared similar characteristics early in the 1990s but have evolved in different directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state-owned savings banks. Contemporaneously, banks in both...
Persistent link: https://www.econbiz.de/10003813058
Nach einer Welle der Privatisierung öffentlicher Dienstleistungen in den 1980er und 1990er Jahren möchten viele Gemeinden jetzt wieder stärker die Daseinsvorsorge direkt gestalten. Dabei stellt sich die Frage „privat oder staatlich“ nur bei solchen Angeboten, die tatsächlich öffentliche...
Persistent link: https://www.econbiz.de/10009726304
The Italian and German banking systems shared similar characteristics early in the 1990s but have evolved in different directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state-owned savings banks. Contemporaneously, banks in both...
Persistent link: https://www.econbiz.de/10012989262
After earlier waves of privatization, local governments have increasingly taken back control of local service … provisions in some sectors and countries and, instead, started providing those services themselves (reverse privatization). Using … the years 2003, 2009, and 2015, we investigate motives for reverse privatization. Our results show that, in deciding …
Persistent link: https://www.econbiz.de/10012920658
The purpose of this paper is to analyse the impact of market-oriented institutional reforms in German network industries. A disaggregated approach is chosen, which differentiates between network services, infrastructure management and network infrastructure. The gradual opening of network...
Persistent link: https://www.econbiz.de/10013319263
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012287966
This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, followed by mixed ownership. The delegation of management in different legal...
Persistent link: https://www.econbiz.de/10011574108