in Oxford Economic Papers
October 2012; p ublished online December 2011 .
Journal Article. Subjects: Socialist Institutions and their Transitions; Antitrust Issues and Policies; Nonprofit Organizations and Public Enterprise; Market Structure, Firm Strategy, and Market Performance; Market Structure and Pricing. 7795 words.
We provide a model that explains the following empirical observations: (i) private ownership is more efficient than public ownership, (ii) privatizations are associated with increases in...
Go to » abstract