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...

We compare the welfare results of mixed duopoly model where a firm can be private, public or partial-delegated-public. We consider two types of partial-delegated-public firms. In partial- delegated-public with location delegation, the firm chooses location to maximize its profit while the social...

We consider a Hotelling model, in which a public firm competes with a foreign firm, at the mean time cooperates with it through subcontracting. We find that when there exists subcontracting, the presence of a foreign firm raises social welfare. Comparing to competing with the domestic private...

This paper implements both stochastic production and cost frontier analyses to estimate the efficiency of toll motorway companies in Spain, the country with the largest number of private concessionaires in this economic sector. Our dataset includes 32 concessionaires with different features for...

We develop a theoretical framework for comparing incentives, labor productivity and the allocation of effort in public versus private enterprises. We incorporate "socializing", an activity which yields utility for workers and affects a firm's output, into a multitask model of work organization....

This paper is the first to investigate an alternative approach of privatization: privatizing only a subsidiary of a public firm. In a mixed duopoly model, instead of assuming that a public firm is privatized in its entirety by selling a portion of the firm's stocks to private investors (entirety...

This paper examines a different way of privatization from existing literature. In a mixed duopoly Hotelling type model in which the public firm consists of multi-subsidiaries, instead of privatizing the public firm as its entirety, the government may privatize only one of the subsidiaries (for...

The Russia's Government has adopted no other privatization programs over the last two years, as it did in the 2000s, since the Forecast Plan (Program) for the Federal Property and the Guidelines of Federal Property Privatization for 2011-2013 was adopted in November 2010. However, it is these...

The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...