Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model … by enhancing efficiency as if a relative price distortion were being removed through price reform, trade liberalization …, or stabilization. The static output gain from reallocation and reorganization through privatization is captured in a …

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 … shows that taxpayers are the main losers as subsidies are still needed. There are also serious efficiency-equity trade …

varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of …

Using panel data of 19 developed economies in the period 1985-2000, we show that share issue privatization (SIP …

Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and …

This paper examines the role of liability for past environmental contamination in the privatization processes of … hypotheses regarding a privatization agency’s responses to the investor’s knowledge of cleanup costs. The empirical section of …

We present evidence of major adjustment efforts in the State sector in Poland well before privatization. Extensive …

This paper proposes a model to shed light on two important policy features of privatization in Central and Eastern … Europe: the idea of a necessary critical mass of privatization on the one hand, and the difficulties encountered in the … actual privatization process on the other, related to the government's inability to precommit to announced policies. The main …