The DOI matches its Crossref record; 23 of the 23 references it cites were found in a registry or an index.
Economic Perspectives on Privatization
Abstract
Despite being one of the most fundamental issues in political economy, the question of the appropriate boundary between public and private enterprise received relatively little attention in mainstream economic analysis until quite recently. In the 1980s, however, programs of ownership reform were started in many developed and developing countries. Dramatic though some of these policies have been, they are likely to be overshadowed in the 1990s by even greater privatization in the reforming socialist economies. The opening sections of this paper are organized around three broad and interrelated questions. How does ownership matter for the efficiency of enterprise performance? What is the role for privatization in financing public debts and deficits? What are the distributional and political implications of privatization? Finally we examine privatization in practice in three countries: Britain, Chile, and Poland.
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Cites
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Agency Problems and the Theory of the Firm
Fama, E. F. (1980) · Journal of Political Economy · doi:10.1086/260866 · Cited by 10,466
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State-owned Enterprises Around the WORLD as Hybrid Organizations
Bruton, G. D., Peng, M. W., Ahlstrom, D., Stan, C., & Xu, K. (2015) · Academy of Management Perspectives · doi:10.5465/amp.2013.0069 · Cited by 783
Political connections of newly privatized firms
Boubakri, N., Cosset, J.-C., & Saffar, W. (2008) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2008.08.003 · Cited by 655
Public values and public interest: counterbalancing economic individualism
(2008) · Choice Reviews Online · doi:10.5860/choice.45-5846 · Cited by 572
The Market for Force: The Consequences of Privatizing Security
Avant, D. D. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511490866 · Cited by 507
The reform of intergovernmental fiscal relations in developing and emerging market economies
Shah, A. (1994) · World Bank, Washington, DC eBooks · doi:10.1596/0-8213-2836-0 · Cited by 388
Metadata
- Authors
- Vickers, J., & Yarrow, G.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 1991-05-01
- Volume
- 5
- Issue
- 2
- Pages
- 111-132
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W1979795533
- Cited by
- 831
- References
- 23
- FWCI
- 119.40
- Type
- journal article
- Language
- en
- Open access
- closed
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