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This paper investigates the consequence of the private sector's involvement in the realisation of transport infrastructure projects, since 1992, when the UK government launched the Private Finance Initiative (PFI). This new form of providing infrastructure services is based on a concession...
Persistent link: https://www.econbiz.de/10004988101
In this paper, we analyze a bidimensional quality competition between two higher education sectors characterised by different preferences (academic vs. vocational) as well as cost structures, and its impact on curriculum’s provision (type and quality), both in decentralised and social welfare...
Persistent link: https://www.econbiz.de/10005111532
We investigate the privatization decision of a government whose objectives are to preserve jobs and to stabilize its budget. The firm considered needs restructuring, i.e. some funds must be provided and the manager must undertake an effort to reorganize the firm. If the productivity of the...
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CAPRON H. and DEBANDE O. (1997) The role of the manufacturing base in the development of private and public services, Reg. Studies 31, 683-695. Although industrial employment has been going down over the last two decades, it is argued in this paper that a solid manufacturing base remains a vital...
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