Arbeitspapier

Privatization in Austria: Some theoretical reasons and performance measures

The issues of privatization (and sometimes deregulation) have been reviewed in a large literature on the various aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why privatization is useful as well as profitable for an economy and empirically present the extent of privatization in Austria and other European Union countries. In order to assess the impact of privatization in Austria on economic performance, we observe cash flows, the employment performance, and the stock-exchange ratings of the privatized formerly state-owned enterprises.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 0404

Classification
Wirtschaft
Publicly Provided Private Goods
Fiscal Policy
Comparison of Public and Private Enterprises and Nonprofit Institutions; Privatization; Contracting Out
Subject
Austria
Performance Measures
Privatization
Profitability
State-owned Enterprises
Privatisierung
Öffentliches Unternehmen
Österreich
Makroökonomischer Einfluss

Event
Geistige Schöpfung
(who)
Schneider, Friedrich
Belke, Ansgar
Event
Veröffentlichung
(who)
Johannes Kepler University of Linz, Department of Economics
(where)
Linz
(when)
2004

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Schneider, Friedrich
  • Belke, Ansgar
  • Johannes Kepler University of Linz, Department of Economics

Time of origin

  • 2004

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