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competition between private firms for the best motivated workers leads to higher wage cost than under the public monopsony …
Persistent link: https://www.econbiz.de/10013152350
of ownership change that occurred. As competition among hospitals increases, differences in behavior among hospitals with …
Persistent link: https://www.econbiz.de/10014024184
). Furthermore, we analyze the effect of privatization on the timing of competition by endogenezing the determination of simultaneous … crucially rely on the type of competition assumed. We show that privatization has generally the effect of shifting from …The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …
Persistent link: https://www.econbiz.de/10014151444
Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the … privatization of infrastructure in many developing countries has spawned new critiques of privatization. How do theory and empirical … evidence answer the much-debated questions, Which is more important to performance, competition or private ownership? Are state …
Persistent link: https://www.econbiz.de/10014135075
Many comparisons of the performance of public and private producers use a public/private ownership dummy variable to capture cost differences in cross section data. This is appropriate if the producer choice is random. The dummy variable model is, however, logically inconsistent if the producer...
Persistent link: https://www.econbiz.de/10011586275
competition is weak the government does not privatize the public firm and sets an environmental tax. When it is intermediate the … public firm is not privatized and the government sets an environmental standard. Finally, when market competition is strong …
Persistent link: https://www.econbiz.de/10012268122
competition is weak the government does not privatize the public firm and sets an environmental tax. When it is intermediate the … public firm is not privatized and the government sets an environmental standard. Finally, when market competition is strong …
Persistent link: https://www.econbiz.de/10012858455
mechanism of efficiency improvement relating to partial privatization. In this paper, we endogenize efficiency improvement in … relation to the level of privatization. We show that in the short run, an improvement in efficiency associated with a state … full nationalization. However, we argue that the optimal policy for a state-owned firm is partial privatization. Moreover …
Persistent link: https://www.econbiz.de/10014183446
Persistent link: https://www.econbiz.de/10013141012
Existing literature on mixed oligopoly focuses on competition among different types of firms but ignores their possible …
Persistent link: https://www.econbiz.de/10012938642