Showing 1 - 10 of 96
We develop a theoretical framework for comparing the style of work in public and private enterprises. We incorporate ‘socializing’, as an activity that yields utility for workers and affects a firm’s output, into a simple multitask model of work organization. In contrast with previous...
Persistent link: https://www.econbiz.de/10005791698
distinguishes two aspects of privatization interacting with market opening: privatization of a firm and privatization of its …
Persistent link: https://www.econbiz.de/10005114270
-experiment in the OECD: the privatization of many network industries (e.g. telecommunications and utilities). We present a model … labour share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data … on several network industries and find that privatization can account for a significant proportion of the fall of labour …
Persistent link: https://www.econbiz.de/10005114490
privatization, but most respondents prefer to leave firms in private hands. We examine who wants to revise privatization and why …. Respondents with poor human capital and few assets support revising privatization due to a preference for state over private … property. Economic hardships during transition increase support for revising privatization due to the perceived unfairness of …
Persistent link: https://www.econbiz.de/10005497879
nationalization is inefficient it does occur in equilibrium when oil prices are high. The model's predictions are consistent with the … panel analysis of a comprehensive dataset on nationalizations in the oil industry since 1960. Nationalization is more likely …
Persistent link: https://www.econbiz.de/10005662343
nationalization rather than privatization is that it avoids selection bias due to cherry-picking by firms or governments at the time … of privatization. Indeed, nationalization in Uruguay affected all private firms, as water was declared "part of the …, water quality, and health outcomes of Uruguay's nationalization of water services. An important advantage of focusing on …
Persistent link: https://www.econbiz.de/10009643502
This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization … intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also …
Persistent link: https://www.econbiz.de/10009399719
varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of …
Persistent link: https://www.econbiz.de/10005504282
Using panel data of 19 developed economies in the period 1985-2000, we show that share issue privatization (SIP …
Persistent link: https://www.econbiz.de/10005504346
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