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In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of infrastructure provision did not materialize ex post. From a Public Choice perspective, one simple explanation for many of the problems surrounding the governance of PPPs is that...
Persistent link: https://www.econbiz.de/10012143350
I analyse the welfare impact of a mixed market with a public or private firm with some degree of altruism, in the presence of an agency problem. Contrary to some earlier findings, the total surplus turns out to be increasing in the degree of altruism. This impact is stronger than if there is no...
Persistent link: https://www.econbiz.de/10012503013
In Fachkreisen ist umstritten, ob die Vergabe sozialer Dienstleistungen demVergaberecht unterliegt. Diskutiert wird dieses Thema oft mit dem Ziel, zuklären, ob und in welchem Umfang Vergaberegelungen einschlägig sind. Dabeispielt eine Rolle, welche Leistungen öffentlich ausgeschrieben...
Persistent link: https://www.econbiz.de/10005863516
The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, wherea private firm …). Furthermore, weanalyze the effect of privatization on the timing of competition by endogenizing thedetermination of simultaneous … especially relevant for theanalysis of privatization, given that results and policy prescription emerged in the …
Persistent link: https://www.econbiz.de/10005868731
This paper presents an analysis of the roles and performances of the major public enterprises (MPEs) from the energy, transportation, communication and construction sectors in Turkey between 2005 and 2013. The recent governmental policy towards the PEs presents differences based on sectors. The...
Persistent link: https://www.econbiz.de/10011420083
State-owned and other state-invested enterprises (SIEs) have become more prominent in the global economy over the last decade. A growing role for state-invested enterprises in the marketplace is not in itself onerous. According to an OECD consensus, as expressed through the Organisation’s...
Persistent link: https://www.econbiz.de/10010382770
Persistent link: https://www.econbiz.de/10013132379
The attention of scholars and policy makers is shifting from full privatization to accompanying policies and …: partial privatization (without transfer of control rights), inter-municipal joint ventures, and the presence of outside … municipal utilities. Partial privatization has been shown to play a significant and positive role, while Board independence from …
Persistent link: https://www.econbiz.de/10013133536
Persistent link: https://www.econbiz.de/10013141012
The purpose of this paper is to assess the extent to which a local government needs to have a specific set of accounting tools and techniques for financial health assessment attuned to the governance model in use for services delivery. In contrast with previous literature, which has discussed...
Persistent link: https://www.econbiz.de/10013120493