Arbeitspapier
Privatisation Around the World: New Evidence from Panel Data
This paper presents new evidence about privatisation processes and their determinants from a panel of 34 countries over the 1977-99 period. The empirical analysis shows that privatisation takes place typically in wealthy and democratic countries, endowed with deep and liquid stock markets, and is affected by the governing political majority and public sector budget constraints. But the extent of privatisation in terms of revenues and stakes sold appears more limited in civil law countries, where shareholders are poorly protected, banks powerful, and capital markets less developed.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 600
- Klassifikation
-
Wirtschaft
- Thema
-
privatisation
public finance
political economy
law and finance
capital markets
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bortolotti, Bernardo
Fantini, Marcella
Siniscalco, Domenico
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bortolotti, Bernardo
- Fantini, Marcella
- Siniscalco, Domenico
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2001
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