Florio, Massimo; Puglisi, Riccardo - Dipartimento di Economia, Management e Metodi … - 2006
Is privatization per se socially beneficial? Or do those benefits depend on the subsequent changes in the regulatory regime? In this paper, building on Vogelsang, Jones and Tandon (1994), we answer these questions by analyzing three different counterfactuals about British Telecom privatization...