Privatization Waves

Privatization Waves
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DOI:
10.1111/j.1467-9957.2009.02147.x
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发表时间:
2010-12
期刊:
Emerging Markets Economics: Industrial Policy & Regulation eJournal
影响因子:
--
通讯作者:
Toshihiro Matsumura;Daisuke Shimizu
Toshihiro Matsumura;Daisuke Shimizu
中科院分区:
其他
文献类型:
--
作者:
Toshihiro Matsumura;Daisuke Shimizu

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我们调查了一种混合经济,在这种经济中,国有公共企业与私营企业竞争。我们考察了公共企业的连续私有化,发现在看似合理的假设下,一次私有化增加了随后私有化的福利收益。因此,即使私有化在早期阶段不能改善福利,它最终也可能导致一个点,即在那个点之后的私有化对社会有益,私有化计划最终取得成功。
We investigate a mixed economy where state-owned public enterprises compete against private firms. We examine sequential privatization of public enterprises, and find that under plausible assumptions one privatization increases the welfare gains of the subsequent privatizations. Thus, even if privatization does not improve welfare at the early stages, it can eventually lead to a point such that privatizations after that point are beneficial to the society and the privatization program ends up with a success.