the privatised enterprises in Ethiopia. Data ranging between 1990 and 2004 were collected from forty five enterprises in …

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 …

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 …

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 …

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 …

type and firm-level capital allocations as captured by the sensitivity of investment expenditure to investment … weakens (strengthens) investment-Q sensitivity, thereby increasing investment inefficiency (efficiency). Moreover, we find … that the relation between foreign ownership and investment efficiency is stronger when governments relinquish control and …

the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into … account the negative effect on employment of investment and (ii) a privatizing government has a stronger incentive to invest …

In this paper we study how privatization and deregulation of production of intermediate goods influence capital … are mostly due to increased competition on the deregulated market and that the privatization of state enterprises is not …, the model predicts that for high enough levels of public investment, a public monopoly would be preferred to a private …

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 …