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Title: | The different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach |
Keywords: | L33 E62 H42 ddc:330 European Union panel analysis partisan theory privatisation proceeds state-owned enterprises Privatisierung Public Choice Interessenpolitik Schätzung EU-Staaten |
Issue Date: | 16-Oct-2013 |
Description: | This paper empirically investigates the differences in the motives of raising privatisation proceeds for a panel of EU countries from 1990 to 2000. More specifically, we test whether privatisations can be mainly interpreted (a) as ingredients of a larger reform package of economic liberalisation in formerly overregulated economies, (b) as a reaction to an increasing macroeconomic problem pressure and (c) as a means to foster growth and increase tax income and relax the fiscal stance with an eye on the demands by integration of economic and financial markets. Whereas we are able to corroborate claim (a) only partly, we gain consistent evidence in favour of claims (b) and (c). |
URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/19064 |
Other Identifiers: | http://hdl.handle.net/10419/19064 ppn:503766518 |
Appears in Collections: | EconStor |
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