How Does Privatization Work

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Does Privatization Work

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Author : Matthew Bishop
language : en
Publisher:
Release Date : 1988

Does Privatization Work written by Matthew Bishop and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Privatization categories.

How Does Privatization Work

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Author : Anthony Bennett
language : en
Publisher: Routledge
Release Date : 2002-09-11

How Does Privatization Work written by Anthony Bennett and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-11 with Business & Economics categories.

Privatization has been one of the most important elements of public policy in the last decade and there have been massive transfers of ownership from the public to the private sector on a national and international level. This book combines thematic papers with country case studies to discuss the mechanisms which have enabled this to occur, and to assess privatization's mixed achievements. The authors, international academics, practitioners and consultants and the process of privatization is discussed in East Germany, Nigeria, Pakistan, Guyana, Sri Lanka, Trinidad and Tobago, and Great Britain.

Developments In The Economics Of Privatization And Regulation

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Author : Michael A. Crew
language : en
Publisher: Edward Elgar Publishing
Release Date : 2008

Developments In The Economics Of Privatization And Regulation written by Michael A. Crew and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.

Presents contributions on privatization and regulation. This book is suitable for scholars, policymakers and regulators in the study of privatization and regulation.

The Impact Of Privatization On The Performance Of The Infrastructure Sector

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Author : Luis Andrés
language : en
Publisher:
Release Date : 2006

The Impact Of Privatization On The Performance Of The Infrastructure Sector written by Luis Andrés and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Privatization categories.

"The authors analyze the impact of privatization on the performance of 116 electric utilities in 10 Latin American countries. The analysis makes a number of contributions to the literature on changes in infrastructure ownership. First, this is the first systemic analysis of the impact of privatization on the distribution of the electricity sector. Second, it constructs an unbalanced panel data set of key indicators for each country. Third, it includes a broader-than in past studies-range of indicators, such as output, employment, productivity, efficiency, quality, coverage, and prices, offering a fuller picture of the effects of privatization on consumers. Fourth, this research covers a longer period of time, and evaluates three stages-before, transition, and after-allowing for the identification of the short- and long-run effects of privatization, as opposed to previous analyses' short time series data that do not identify long-run outcomes. Finally, the counterfactual is considered through the analysis in trends. The authors apply two different methodologies. The first methodology uses means and medians from each period and tests the significance of the changes between periods. The second methodology consists of an econometric model that captures firm fixed effects, firm-specific time trends, and heteroscedasticity corrections. When needed, the authors used firm-specific time trends to better understand the outcomes. The results suggest that changes in ownership generate significant improvements in labor productivity, efficiency, and product and service quality, and that most of those changes occur in the transition period. Improvements in the post transition period-beyond two years after the change in ownership-are much more modest. "--World Bank web site.

Privatization And Its Benefits

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Author : Eytan Sheshinski
language : en
Publisher:
Release Date : 2000

Privatization And Its Benefits written by Eytan Sheshinski and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Government ownership categories.

Privatization And Globalization

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Author : Ram Mudambi
language : en
Publisher: Edward Elgar Publishing
Release Date : 2003

Privatization And Globalization written by Ram Mudambi and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.

Comprises a collection of previously published articles written by economists over the past two decades on the theory and practice of privatization and deregulation.

Priorities And Sequencing In Privatization Theory And Evidence From The Czech Republic

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Author : Nandini Gupta, john C. Ham and Jan Svejnar
language : en
Publisher:
Release Date : 2001

Priorities And Sequencing In Privatization Theory And Evidence From The Czech Republic written by Nandini Gupta, john C. Ham and Jan Svejnar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.

Privatization

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Author : Pedro Guimarães
language : en
Publisher:
Release Date : 2003

Privatization written by Pedro Guimarães and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Brazil categories.

Privatization Of Correctional Services

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Author :
language : en
Publisher:
Release Date : 1999

Privatization Of Correctional Services written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Corrections categories.

The Benefits Of Privatization

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Author : Rafael La Porta
language : en
Publisher:
Release Date : 1997

The Benefits Of Privatization written by Rafael La Porta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Privatization categories.

Criticisms of privatization have centered around the possibility that the observed higher profitability of privatized companies comes at the expense of the rest of society. In this paper we focus on two of the most likely channels for social losses: (1) increased prices as firms capitalize on the market power; and (2) layoffs and lower wages as firms seek to roll back generous labor contracts. Using data for all 218 non-financial privatizations that took place in Mexico between 1983 and 1991 we find that privatized firms quickly bridge the pre-privatization performance gap with industry-matched control groups. For example, privatization is followed by a 24 percentage point increase in the ratio of operating income to sales. We roughly decompose those gains in profitability as follows: 10 percent of the increase is due to higher product prices; 33 percent of the increase represents a transfer from laid-off workers; and productivity gains account for the residual 57 percent. Transfers from society to the firm are partially offset by taxes which absorb slightly over half the gains in operating income. Finally, we also find evidence indicating that deregulation is associated with faster convergence to industry benchmarks.