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This paper carries out an overview of the recent history of privatisation in Spain. At this point, the paper focuses on the analysis of the economic, financial and political objectives pursued by successive Spanish Administrations. It is argued that privatisation policy has been inconsistent...
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Economic regulation of firms with market power has placed increasing emphasis on incentive-based regulation such as price caps. We focus on the effect of regulation as distinct from ownership, and identify the effect of two different regulatory schemes on both publicly and privately owned...
Persistent link: https://www.econbiz.de/10005749419
We analyze the effect of occupational safety and health (OSH) legislation in reducing workplace accidents. It is argued that different impacts should be expected in advanced and traditional manufacturing sectors. We test this hypothesis with data on Spanish manufacturing throughout the period...
Persistent link: https://www.econbiz.de/10005599975
This paper compares the pre- and post-privatization efficiency of a sample of state-owned enterprises privatized in Spain with the efficiency of their closest private competitors. We perform a two-stage double bootstrap data envelopment analysis model. In the first stage the efficiency is...
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The authors address the question of infrastructure reforms in a novel way by focusing on the impact which they can have on consumers through the prices paid by different groups and on their access to the networks. They analyse original material from four Latin American countries –...
Persistent link: https://www.econbiz.de/10011159298
This paper estimates the degree of economies of scope, diversification and scale in the Spanish electricity industry by means of Data Envelopment Analysis. Our results show that there exist economies of integrating power generation and distribution, as well as economies of product...
Persistent link: https://www.econbiz.de/10005272689