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This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, followed by mixed ownership. The delegation of management in different legal...
Persistent link: https://www.econbiz.de/10011574108
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La existencia de empresas públicas es un fenómeno habitual y económicamente significativo en la mayoría de los países. En este trabajo se analiza la existencia de empresas estatales en la región y en Uruguay, considerándose los motivos para su creación; las propuestas de reforma surgidas...
Persistent link: https://www.econbiz.de/10011188456
This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, and public ownership is more efficient than mixed ownership. The delegation of...
Persistent link: https://www.econbiz.de/10011789852
This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, and public ownership is more efficient than mixed ownership. The delegation of...
Persistent link: https://www.econbiz.de/10011789868
In 2002, Argentina devalued its currency and froze public utility rates thus breaching the guarantees granted to investors the decade before. Those guarantees had lowered investors' cost of capital by substantially reducing expropriation risk. This paper looks into the governance structure...
Persistent link: https://www.econbiz.de/10010906407
The present paper deals with a critically Italian question with regard to the actual debate about public utility sector. The paper tries to point out positive effects that a suitable accountability system can produce in the management of local public utilities in order to bridge the gap between...
Persistent link: https://www.econbiz.de/10008676933
The article discusses the possible cost savings of contracting out refuse collection in the Netherlands. According to foreign econometric studies, contracting out refuse collection leads to cost savings of approximately 20%. Our findings indicate that similar cost savings apply to the...
Persistent link: https://www.econbiz.de/10005076614
Incentive regulation is now an important regulatory tool in the telecommunications industry in the USA. The issue explored here is whether incentive regulation has resulted in an increase in productive efficiency. After providing an overview of the nature of incentive regulation, the methodology...
Persistent link: https://www.econbiz.de/10010669402