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We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …
Persistent link: https://www.econbiz.de/10005566810
infrastructure/utility provision, and increased investment from both domestic and foreign sources. Privatization is one way to …/manufacturing and most infrastructure still remains in state hands. Given prevailing public hostility towards privatization, and …
Persistent link: https://www.econbiz.de/10005570284
was largely abandoned by the IFIs and privatization and private participation in infrastructure, or PPI became the order …
Persistent link: https://www.econbiz.de/10005570288
International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …
Persistent link: https://www.econbiz.de/10005570355
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....
Persistent link: https://www.econbiz.de/10005570361
Port public–private partnerships (PPPs) are considered to be an important emerging mechanism for port development and improvement in port performance especially for developing countries. This paper empirically investigates the effect of institutional factors in the success of port’s PPPs;...
Persistent link: https://www.econbiz.de/10011189798
Government, a decentralized agency and a (private or public) manager. In a good governance regime the privatization can be …
Persistent link: https://www.econbiz.de/10011194201
The use of for-profit contracts remains a popular privatization choice for public sector organizations in the United …
Persistent link: https://www.econbiz.de/10011195714
private agenda, regulators risk to be corrupted, and ex post evaluation is costly, government privatization supply is a non … Enterprises for very different reasons. Governments with an intermediate degree of corruption may like privatization, but not … always for good reasons in terms of social welfare. Undesirable privatization occurs when the private benefit/cost ratio of …
Persistent link: https://www.econbiz.de/10011196190
In this study we estimate the social impact of privatisation by means of cost-benefit analysis. It includes assessing the performance of the privatised firm against counterfactual situations and examining economic efficiency at points in time as well as assessing the dynamic efficiency of...
Persistent link: https://www.econbiz.de/10011196489