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The 'big-bang' liberalization of the inefficient Russian economy in 1992 provides a fruitful setting for analysing the impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel data on 14,961 enterprises covering 75 percent of...
Persistent link: https://www.econbiz.de/10005661595
We analyse politically motivated privatization design in a bipartisan environment where politicians lack commitment … power. Suppose the median class voters a priori favour redistributive policies. If the privatization programme succeeds in …, the larger the necessary underpricing. When inequalities are large this leads to voucher privatization. Shifting the …
Persistent link: https://www.econbiz.de/10005661730
state, post-communist privatization and other situations. …
Persistent link: https://www.econbiz.de/10005661795
. The vast majority advocate some combination of privatization and elimination or relaxation of the delivery monopoly. Those …
Persistent link: https://www.econbiz.de/10008484294
Privatization of local government services is assumed to deliver cost savings but empirical evidence for this from … around the world is mixed. We conduct a meta-regression analysis of all econometric studies examining privatization for water …
Persistent link: https://www.econbiz.de/10008487314
The paper aims at acknowledging the efficiency effects of bank privatization upon the entry of strategic foreign …
Persistent link: https://www.econbiz.de/10008556750
The document is an analytical report on the impact of structural reforms in the Bolivian electricity industry initiated in 1994-95. With the Capitalization Law, the Regulatory System Law and the Electricity Law in particular, the electricity industry experimented a new structure including an...
Persistent link: https://www.econbiz.de/10008557259
The document is an analytical report on the impact of structural reforms in the Bolivian telecommunications industry initiated in 1994-95. With the Capitalization Law, the Regulatory System Law and the Telecommunications Law in particular, the telecommunications industry is in transition to full...
Persistent link: https://www.econbiz.de/10008557268
The document is an analytical report on the initial results of the impact of structural reforms on investment for the period 1980-97 in general and the more recent structural reforms in the infrastructure industries in particular. In the context of these reforms it explores the connection...
Persistent link: https://www.econbiz.de/10008557270
The literature shows that for most UK industries privatization might be necessary but is not sufficient to produce … than privatization itself. We ask what changes around privatization had the greatest impact on efficiency for UK … electricity generators. We analyse the effects of privatization and other changes in incentives on plant efficiency using a newly …
Persistent link: https://www.econbiz.de/10008642848