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provides an econometric assessment of the effects of privatisation, competition and regulation on the performance of the …, competition and the reform of state regulation are key themes of donor aid programmes, notably those of the World Bank. This paper … generating sector and capacity utilisation. The main conclusions are that on their own privatisation and regulation do not lead …
Persistent link: https://www.econbiz.de/10005225396
Persistent link: https://www.econbiz.de/10005711201
provides an econometric assessment of the effects of privatisation, competition and regulation on the performance of the …, competition and the reform of state regulation are key themes of donor aid programmes, notably those of the World Bank. This paper … generating sector and capacity utilisation. The main conclusions are that on their own privatisation and regulation do not lead …
Persistent link: https://www.econbiz.de/10009363506
ownership and competition. This paper studies the effect of the sequencing of privatisation, competition and regulation reforms … competition before privatisation, improved capital utilisation. … model is used. The study finds that establishing an independent regulatory authority and introducing competition before …
Persistent link: https://www.econbiz.de/10005798035
of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … regulatory framework conditions have been established, higher levels of competition positively influence R&D. Our results further … indicate that the relation between competition and innovative investment can be described as inverted U-shaped. Finally, we …
Persistent link: https://www.econbiz.de/10010337284
Persistent link: https://www.econbiz.de/10015066999
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on … new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more … cautious and nuanced evaluation of privatisation. Thus it is found that private ownership alone does not automatically generate …
Persistent link: https://www.econbiz.de/10011571943
Here is explored corporate governance role in privatised water companies in emerging economies. Private parts contracts are periodically renegotiated due to externalities and information asymmetries. In this context, governance mechanisms are of critical importance as illustrated in the case...
Persistent link: https://www.econbiz.de/10010816779
Persistent link: https://www.econbiz.de/10012617381
experiences in other areas suggesting that competition could provide large benefits to hitherto regulated utilities in local …
Persistent link: https://www.econbiz.de/10011402612