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In this paper I propose a definition of 'Citizenship goods'. Standard microeconomics distinguishes between purely private, purely public and mixed goods, based on the degree of non-rivalry and excludability. This is however a definition based on technical features of the goods that fails to...
Persistent link: https://www.econbiz.de/10005007309
Assessing the welfare impact of a policy on the scale of the British privatisation programme is a daunting task. Four sets of issues raised in the impressive study by Florio et al of the British privatisation programme merit further discussion. One such set of issues relates to the different...
Persistent link: https://www.econbiz.de/10005007455
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel re-search design that controls for pre-privatization selection in the estimation of regional … privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity …
Persistent link: https://www.econbiz.de/10005030688
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization … effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find …
Persistent link: https://www.econbiz.de/10005187394
The government wants a certain good or service to be provided. Should the required assets be publicly or privately owned or should a partnership be formed? Building on the incomplete contracting approach, we argue that the initially specified quantity of an ex ante describable basic good can...
Persistent link: https://www.econbiz.de/10005497777
A wide range of services provided by the public sector are credence goods, i.e., services for which the producer has private information whether a certain treatment is needed or not. This paper studies how ownership affects the incentives for producers to reveal such information to public...
Persistent link: https://www.econbiz.de/10005419540
I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...
Persistent link: https://www.econbiz.de/10005423776
I develop a model of public sector contracting based on the multitask framework by Holmström and Milgrom (1991). In this model, an agent can put effort into increasing the quality of a service or reducing costs. Being residual claimants, private owners have stronger incentives to cut costs than...
Persistent link: https://www.econbiz.de/10005645363
simple privatization of companies. This leaves room for exploration and implementation of policies that might reconcile State …
Persistent link: https://www.econbiz.de/10011110509
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …
Persistent link: https://www.econbiz.de/10005784793