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the privatised enterprises in Ethiopia. Data ranging between 1990 and 2004 were collected from forty five enterprises in …
Persistent link: https://www.econbiz.de/10012747366
This paper examines the causes for privatization in Ethiopia. As believed strongly, the decline trend of industrial … strong factors to justify why the government of Ethiopia implemented privatization in the country …
Persistent link: https://www.econbiz.de/10012747739
This paper examines the influence of privatization on deficits. Deficits, namely budget deficit, current account … Developed Economies (LDCs). Ethiopia is one of the LDCs that strive to control these deficits while implementing all possible … measures of economic reform. Privatization as one of the measures was implemented in 1994, which resulted in privatizing about …
Persistent link: https://www.econbiz.de/10012747749
In this paper, we study the effect of share issue privatization (SIP) on private investment and financial market under … incomplete risk diversification. Risk neutrality and imperfect intertemporal substitutability make investment decreasing in … privatization (crowding-out effect). Vice-versa with risk aversion and perfect intertemporal substitutability (diversification …
Persistent link: https://www.econbiz.de/10011598289
This study investigates the impact of privatization on the relationship between gross capital accumulation, employment …. Employing econometric analysis and cointegration evaluation, the study reveals that privatization has had a mixed impact on CIS … economies. While privatization has contributed to increased capital accumulation and employment in some countries, it has also …
Persistent link: https://www.econbiz.de/10014445369
Persistent link: https://www.econbiz.de/10001728789
has the opportunity to make a reorganisational investment, before output is produced. This investment is unobservable by …
Persistent link: https://www.econbiz.de/10014140657
This paper examines the investment and financial decisions of a sample of 92 EU regulated utilities, taking into … independence matters for both investment and financial decisions. Investment increases under an Independent Regulatory Agency (IRA … privately controlled. Finally political orientation does matter, as firm investment increases under more conservative (pro …
Persistent link: https://www.econbiz.de/10008729094
regions and time frames. In the long-run privatization is neutral with regard to investment …The spur for privatization and its impact on economic performance have been analyzed from many perspectives including … privatization, and the relative performance of state-owned enterprises and privately owned firms. This paper investigates the …
Persistent link: https://www.econbiz.de/10014190969