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Privatisations as price reforms : evaluating consumers' welfare changes in the UK

Brau, Rinaldo; Florio, Massimo - 2002

This paper analyses the effects on consumers' welfare of the privatisation policy carried out in the UK since 1979. The … approach we follow sees the privatisation of a State owned enterprise within the broader framework of the "policy reform … privatised public utilities. We conclude that the contribution to consumers' welfare of the privatisation policy in the UK, when …

Persistent link: https://www.econbiz.de/10011597634

Privatisations as price reforms : evaluating consumers' welfare changes in the UK

Brau, Rinaldo; Florio, Massimo - 2002

Persistent link: https://www.econbiz.de/10001710441

Privatisations as Price Reforms : Evaluating Consumers' Welfare Changes in the UK

Brau, Rinaldo; Florio, Massimo - 2011

This paper analyses the effects on consumers' welfare of the privatisation policy carried out in the UK since 1979. The … approach we follow sees the privatisation of a State owned enterprise within the broader framework of the policy reform theory … privatised public utilities. We conclude that the contribution to consumers' welfare of the privatisation policy in the UK, when …

Persistent link: https://www.econbiz.de/10014107554

Privatisations as price reforms: evaluating consumers' welfare changes in the UK

Brau, R.; Florio, M. - Centro Ricerche Nord Sud (CRENoS) - 2002

This paper analyses the effects on consumers’ welfare of the privatisation policy carried out in the UK since 1979. The … approach we follow sees the privatisation of a State owned enterprise within the broader framework of the “policy reform … privatised public utilities. We conclude that the contribution to consumers’ welfare of the privatisation policy in the UK, when …

Persistent link: https://www.econbiz.de/10005049511

The Welfare Impact of a Privatization : The British Telecom Case-History

Florio, Massimo - 2003

In this paper we offer and discuss new evidence on the performance of British Telecom before and after privatisation … to look at the BT case history as a natural experiment on the relative importance of privatisation, liberalization, and …

Persistent link: https://www.econbiz.de/10014089737

Social Costs of Mass Privatization

King, Lawrence; Stuckler, David - 2008

According to leading economic theorists, creating capitalism out of communism requires rapid privatization. In this article we empirically test the welfare implications of privatization policies in Post-Soviet countries by using cross-national panel mortality data as an indicator of social...

Persistent link: https://www.econbiz.de/10014220797

Privatization and liberalization in vertically linked markets

Stähler, Frank; Traub, Stefan - 2009

. Wir diskutieren die Effekte von Liberalisierung und Privatisierung, wobei die Privatisierung vollständig oder nur partiell … Betreiber der Infrastruktur. Im Falle vertikaler Trennung ergibt sich, dass die Privatisierung in Mehr-Produkt-Unternehmen der … Privatisierung in Ein-Produkt-Unternehmen wohlfahrtsmäßig überlegen ist. …

Persistent link: https://www.econbiz.de/10003871843

Privatization in Oligopoly : The Impact of the Shadow Cost of Public Funds

Capuano, Carlo - 2010

The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into account the distortionary effect of raising funds by taxation (shadow cost of public funds). We analyze the impact of the change in ownership not only on the objective function...

Persistent link: https://www.econbiz.de/10013139728

Privatization, Underpricing and Welfare in the Presence of Foreign Competition

Ghosh, Arghya - 2013

We analyze privatization in a differentiated oligopoly setting with a domestic public firm and foreign profit-maximizing firms. In particular, we examine pricing below marginal cost by public firm, the optimal degree of privatization and, the relationship between privatization and foreign...

Persistent link: https://www.econbiz.de/10013084966

Mixed Duopoly, Privatization and the Shadow Cost of Public Funds

Capuano, Carlo; De Feo, Giuseppe - 2018

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm complete in quantities with a welfare-maximizing public firm. We consider two inefficiencies of the public sector : a possible cost inefficiency and an allocative inefficiency due to...

Persistent link: https://www.econbiz.de/10014151444