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Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was … explicitly barred from any privatization, we test how politicians select firms into privatization programs. Using a comprehensive … dataset that includes all firms inherited from socialism, we estimate the relation between pre-privatization firm …
Persistent link: https://www.econbiz.de/10005404559
along with everybody else. No statistics on privatization have been previously published in Denmark. Most of the 12 … privatization activity appears to be outsourcing. …
Persistent link: https://www.econbiz.de/10005405723
This paper models privatization as a cooperative game between the government, a trade union and the private … shareholders. These players kno w that privatization increases the efficiency of a firm, but only the management of the firm knows …
Persistent link: https://www.econbiz.de/10005406357
Former Soviet Union (FSU). The literature on privatization and performance has been largely inconclusive, especially now that …
Persistent link: https://www.econbiz.de/10005407689
involved in the Czech voucher privatization process to test whether a sequential process of trial-and-error can set …
Persistent link: https://www.econbiz.de/10005407695
The privatization of agriculture in Azerbaijan started in the mid 1990s, while the pace of privatization in the country … losers of privatization. The results further show that wheat production cannot compete with other annual crops like tobacco …
Persistent link: https://www.econbiz.de/10005407696
blowing amongst the developing countries of the world and the wind in question is privatization. Nigeria has indulged in this … three of such enterprises involved in the first phase, a deep insight of the performance after privatization exercise were … improved after privatization exercise. The study revealed a significant improvement in productivity while efficiency is still …
Persistent link: https://www.econbiz.de/10005408415
monopolist to study the effects of privatization on steady state levels of income. We allow for public sector inefficiencies … relative inefficiency of public firms and the amount of public investment. Furthermore, the gains from privatization are found … to be strongly related to the balance sheet of the public firm that is privatized. Privatization of public firms which …
Persistent link: https://www.econbiz.de/10005412752
investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization … documented phenomenon both in this study and in the cross-country literature on privatization; e.g. political ends in … privatization, influence in appointments, golden shares) as the most visible part of such collusion. Liberalization and multi …
Persistent link: https://www.econbiz.de/10005413213
Privatization became a central element of economic reforms in most countries in Sub-Saharan Africa during the 1990s …. Yet, empirical evidence regarding the impact of privatization remains scarce. Since the seminal work of CAMPBELL … a time when public opposition to further privatization is growing, this paper aims at giving a broad overview of the …
Persistent link: https://www.econbiz.de/10005413292