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» Resultado: 2 registros
| Registro 1 de 2 | |
| Autor: | Avishur, Sarieh |
| Título: | A Positive Theory of Privatization |
| Fuente: | Journal of Applied Economics. v.3, n.1. Universidad del CEMA |
| Páginas: | pp. 1-56 |
| Año: | May 2000 |
| Resumen: | This paper presents a theory that explains the prevalence of different models of privatization across countries and across industries. First, it establishes the analytical framework for determining the impact of privatization on the value of a privatized firm, on aggregate social welfare, and on the relevant interest groups: taxpayers, consumers, employees, and private investors. Merging both the income distribution and the production efficiency aspects of the process, it identifies the government’s principal decision variables, and presents the political tradeoffs faced by the government when carrying out privatization. Based on this framework, the paper offers an outline for testing the hypothesis that privatization introduces a Pareto-dominating mode of operation. Two fundamental laws of privatization define necessary and sufficient conditions for Pareto-dominance. Based on four economically sensible principal assumptions, the paper analyzes the government’s behavior under alternative objective functions: maximization of taxpayer welfare, maximization of aggregate social welfare, and maximization of political support. The main result reveals that a vote-maximizing government sets the optimal value of its decision variables, depending on the characteristics of the political market. This result is illustrated through a cross-country and a cross-industry comparison. |
| Palabras clave: | EMPRESAS PUBLICAS | TEORIA | PRIVATIZACION | MODELOS | EMPRESAS | BIENESTAR SOCIAL | GRUPOS DE INTERESES | CONTRIBUYENTES | CONSUMIDORES | EMPLEADOS | INVERSIONES | PRIVADAS | DISTRIBUCION DEL INGRESO | EFICIENCIA | PRODUCCION | TOMA DE DECISIONES | POLITICA GUBERNAMENTAL | OPTIMIZACION | OPTIMO DE PARETO | ECONOMIA DEL BIENESTAR | VALUACION | |
| Solicitar por: | HEMEROTECA J + datos de Fuente |
| Registro 2 de 2 | |
| Autor: | Cristini, Marcela - Chisari, Omar O. - |
| Título: | Nota sobre envidia, equilibrio y optimalidad |
| Fuente: | Económica. año 26, n.3. Universidad Nacional de La Plata. Facultad de Ciencias Económicas. Instituto de Investigaciones Económicas |
| Páginas: | pp. 207-212 |
| Año: | sept.-dic. 1980 |
| Palabras clave: | CONSUMIDORES | OPTIMO DE PARETO | COMERCIO INTERNO | |
| Solicitar por: | HEMEROTECA E + datos de Fuente |
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