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Critics of globalization claim that foreign ownership of privatized firms is linked to negative post-privatization labor outcomes, such as more firing and less hiring. This paper uses new firm-level data for a cross section of countries to test this idea and provides evidence that foreign...
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The equilibrium price, investment, and capital structure of a regulated firm are examined using a sequential model of …
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index is not designed as an investment tool for private sector financiers (as the data and indicators are largely …
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quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than … market can sometimes improve incentives. With suitable non-linear access prices investment incentives under separation become …
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Public ownership is viewed as a restriction on the portfolio of equities held by investors. Three conditions are required to justify such restrictions. First, monitoring and coordination create concentration in supply or demand. Second, complete contracts must be infeasible or undesirable....
Persistent link: https://www.econbiz.de/10005656213
This benchmarking index evaluates the legal, regulatory and operating environments for public-private partnerships in transport and water infrastructure for 19 Latin American and Caribbean countries. The analysis and scores in the model provide a comparable assesssment of individual countries'...
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