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Preventing competition because of “solidarity”: Rhetoric and reality of airport investments in Spain

Bel, Germà; Fageda, Xavier - EconWPA - 2005

Spain is the only large European country in which airport management is strictly centralized and publicly owned. This peculiar institutional setting prevents competition among Spanish airports, and policy makers and bureaucrats in charge of the system regularly justify it on grounds of...

Persistent link: https://www.econbiz.de/10005125961

The Macroeconomics of Massive Giveaways

Gouret, Fabian - EconWPA - 2004

In a framework similar to the models of expectation on economic policy, we purpose a model where the government subsidizes firms privatized by massive giveaways to the managers who are empire- builders. The government injects funds because its aim is to avoid a drastic fall of output when a...

Persistent link: https://www.econbiz.de/10005556046

Privatization and Regulatory Reform in Brazil: The Case of Freight Railways

Estache, Antonio; Goldstein, Andrea; Pittman, Russell - EconWPA - 2001

A variety of proposals for creating more competition within the railroad sector and in the broader freight transport sector are under consideration in countries throughout the world. Brazil, though something of a latecomer to wider infrastructure reform, has recently taken large steps in...

Persistent link: https://www.econbiz.de/10005556074

'The Role of Employee Ownership in Privatisation of State Enterprises in Eastern and Central Europe,' (1993) Europe-Asia Studies Vol.45, No.3, 463-481.

Bogetic, Zeljko - EconWPA - 2005

The article provides a fresh look at employee ownership as a method of privatization and discusses theoretical and …

Persistent link: https://www.econbiz.de/10005556094

CAN FISCAL POLICY EXPLAIN TECHNICAL INEFFICIENCY OF PRIVATISED FIRMS? A PARAMETRIC AND NONPARAMETRIC APPROACH

Alfano, Maria Rosaria; D'Orio, Giovanni - EconWPA - 2005

(Stochastic Frontier, Data Envelopment Analysis and Neural Network) are consistent. In fact, we see that privatization enhanced …

Persistent link: https://www.econbiz.de/10005556905

How to Improve Forensic Science

Koppl, Roger - EconWPA - 2005

Some institutional structures for inquiry produce better approximations to truth than others. The current institutional structure of police forensics gives each lab a monopoly in the analysis of the police evidence it receives. Forensic workers have inadequate incentives to produce reliable...

Persistent link: https://www.econbiz.de/10005561009

Foreign Direct Investment and Economic Growth in Bolivia, 1990- 1998

Flexner, Nikolai - EconWPA - 2003

This paper employs ordinary least squares (OLS) estimation to examine the determinants of foreign direct investment (FDI) and the effect of FDI on per capita GDP growth in Bolivia over the period 1990:1-1998:4. The regression results find that the real effective multilateral exchange rate, the...

Persistent link: https://www.econbiz.de/10005561297

Efficiency of Delhi International Airport Using Data Envelopment

Mathur, Somesh Kumar - EconWPA - 2004

domestic airports.The latter evidence favors privatization of the Delhi Airport. We study the impact of foreign direct … of professionalization in their day to day operations. The study also discusses various models of privatization and … Airports in India.Given the limitations in India’s airport infrastructure, a more suitable method of privatization seems to be …

Persistent link: https://www.econbiz.de/10005561389

Corporate Governance as an instrument of change state owned Corporate Governance as an instrument of change state owned companies: The case of the Hellenic Telecommunications Organ...

Spanos, Loukas; Papoulias, Demetrios - EconWPA - 2005

’s case within the international debate regarding the privatization of state-owned companies and the importance of CG … mechanisms as instruments of change. It is argued that the privatization of state-owned companies, when is accompanied with …

Persistent link: https://www.econbiz.de/10005561676

Delayed Privatization in Kosovo: Causes, Consequences, and Implications in the Ongoing Process

Mulaj, Isa - EconWPA - 2005

In this paper we look at the specific features of the delayed privatization in Kosovo, emphasising in particular two … privatization in the early 1990s in a limited number of SOEs in the Gjakova region based on a survey of these enterprises, and iii …) the critical assessment of the privatization proposals and the challenges in continuing the ongoing privatization process …

Persistent link: https://www.econbiz.de/10005124985