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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
This paper examines the linkage between privatization and social spending in the least developed African economies with … reference to Ethiopia. Many previous studies have proved that privatisation has had a direct and positive effect on social … Ethiopia. War is also identified as an affecting factor on social spending. This study concludes that the objectives when they …
Persistent link: https://www.econbiz.de/10014220896
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
countries' ability to generate sufficient domestic resources to finance investment. This paper examines how countries have …
Persistent link: https://www.econbiz.de/10013028684
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
Our research tests the difference in investment efficiency between state-owned enterprises (SOEs) and private firms and … then evaluates the effect of privatisation and equitisation policies on the investment efficiency of former state owned … spending. We find no evidence of investment spending being linked to marginal returns by SOEs across all sectors and size …
Persistent link: https://www.econbiz.de/10010499591