privatization policies. We find that governments tend to retain high ownership in natural advantage based firms. In addition, our … access to the sea plays an important role in the drafting of privatization policies in those industries …

policy towards a more active role of the state, and use privatization policy as an example. The authors examine the effects … of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse … the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not …

my 2010 article, Privatization, Free Riding, and Industry-Expanding Lobbying, in the International Review of Law and … Economics and the plain-English discussion in my 2008 article, Privatization and the Law and Economics of Political Advocacy, in …

A common argument against privatization is that private providers will self-interestedly lobby to increase the size of … their market. In this Article, I evaluate this argument, using, as a case study, the argument against prison privatization … conclude that there is at present no particular reason to credit this argument. Even without privatization, actors in the …

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 …

We analyze the role of privatization in creating a constituency for economic reform, markets, and democratic … privatization, we find positive effects for participants retaining shares, but little impact of participation alone. Our simulations …

One of the most important determinants of success for large-scale privatization programmes is the long-term commitment … is shown that a mass privatization scheme which includes substantial free distribution of shares may induce more … investment, higher expected profits and higher privatization revenues for the government than a policy that relies exclusively on …

This paper provides an empirical analysis of the role of political institutions in privatization. The empirical testing … we show the likelihood and the extent of privatization to be strongly and positively associated with majoritarian … political systems. On the contrary, in consensual democracies privatization seems delayed by a war of attrition among different …