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Which are the determinants of the choice of ownership structure for a firm providing local public services? What are the consequences of this choice on the performance of these firms? To answer these questions we will use a unique database providing economic and financial data on 321 Italian...
Persistent link: https://www.econbiz.de/10015236715
In this paper it is argued that privatization is not the only alternative to public ownership. Adopting the incomplete contract approach, it is shown that partial privatization may well be the optimal ownership structure. While in the standard incomplete contract model joint ownership is usually...
Persistent link: https://www.econbiz.de/10015215688
In this paper we incorporate interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analyzing and improvement of governance of socio-economics dynamic of agriculture....
Persistent link: https://www.econbiz.de/10015219622
In this paper we incorporate interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences), and suggest a framework for analyzing and improvement of governance of socio-economics dynamic of agriculture....
Persistent link: https://www.econbiz.de/10015219627
This paper incorporates the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law, Sociology, Behavioral and Political Sciences) and suggests a holistic framework for analysis of agrarian contracts. First, it specifies type and importance of...
Persistent link: https://www.econbiz.de/10015220153
There has been a fundamental development in theory and understanding of market, private, collective and public …
Persistent link: https://www.econbiz.de/10015223744
Focusing on institutional explanations we try to apprehend the digital divide phenomena. We show that competition measured by mobile phone number of operators is positively and significantly correlated to mobile phone diffusion. We always show that other institutional factors like (independent)...
Persistent link: https://www.econbiz.de/10015224787
This study attempts to identify some characteristics of the relationship between journalists and politicians. The methodology of the research is based on the analysis of responses to interviews in depth applied to a sample of 50 print and audiovisual journalists from Bucharest, Suceava, Pitesti,...
Persistent link: https://www.econbiz.de/10015234790
database for contracting choices of municipalities in Switzerland and exploit the discontinuity at the Swiss language border at … are provided. We find that French-speaking border municipalities are 60% less likely to contract with the private sector …, compared to private provision, increases cost- efficiency within French-speaking Swiss municipalities. These results resonate …
Persistent link: https://www.econbiz.de/10015270951
Consider two parties who can make non-contractible investments in the provision of a public good. Who should own the physical assets needed to provide the public good? In the literature it has been argued that the party who values the public good most should be the owner, regardless of the...
Persistent link: https://www.econbiz.de/10015242583