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—the current regional recession. In short, privatization shares in the criticism directed at the entire liberalization process …. Within this context, accurate knowledge of privatization’s real consequences can be of considerable value. While research has … been conducted on certain economic effects, less is known about privatization’s broader social consequences. This chapter …
Persistent link: https://www.econbiz.de/10008636529
A comparison of the neoclassical and the social economics paradigms, showing that the explicit inclusion of values enhances the explanatory value of social economics. This is illustrated by using literary examples to explain the difficulty the competitive model has in providing analyses and...
Persistent link: https://www.econbiz.de/10009200375
This paper analyses the case of the privatization of the Spanish tobacco monopoly, focusing on the period between 1887 … concerned with two different issues. First, it deals with the effects of privatization on accountability.The main question …
Persistent link: https://www.econbiz.de/10005483285
We take advantage of a quasi-natural experiment in Peru by which the privatized telecommunications company was required by government to randomly install and operate public pay phones on small rural towns along the national territory. Using a especially designed household survey for a...
Persistent link: https://www.econbiz.de/10005484000
performance after privatization in the Czech Republic. We find weak evidence for the presence of managerial incentives: only in … 1997, three to four years after privatization, does poor performance significantly increase the probability of managerial …
Persistent link: https://www.econbiz.de/10005792419
changes in the relative importance of specific issues. Privatization no longer occupies a central role in the public policy …
Persistent link: https://www.econbiz.de/10008560247
In the last decades, transitional countries of Central and Eastern Europe have engaged in strong privatization programs … privatization and thus adopting a profit-maximizing criterion defines its production plans, when an appropriate regulatory …
Persistent link: https://www.econbiz.de/10008562478
This paper extends the literature on mixed oligopoly in two directions. First, it introduces distortions in the working of the public firm, an issue that is of some concern, especially in transitional economies. Thus the classical model of mixed oligopoly emerges as a special case of our...
Persistent link: https://www.econbiz.de/10008562906
This paper uses individual worker and municipal information to examine privatization's influence on the wages of … construction laborers receive a wage premium in the absence of privatization, and privatization is associated with an erosion of … a non-trivial public sector discount in the absence of privatization and only the wage differential of physicians erodes …
Persistent link: https://www.econbiz.de/10008562968
In this paper, we generalize Kato's (Economics Bulletin, 2008) model by allowing many private firms in the mixed oligopoly setting, rather than the mixed duopoly framework of Kato (2008). By introducing the government's preference for tax revenues into the theoretical framework of mixed...
Persistent link: https://www.econbiz.de/10008563077