The Different Extent of Privatisation Proceeds in EU Countries: A Preliminary Explanation Using a Public Choice Approach

Ansgar Belke, Frank Baumgärtner (), Friedrich Schneider () and Ralph Setzer ()
Additional contact information
Frank Baumgärtner: affiliation not available
Ralph Setzer: University of Hohenheim

No 1741, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: 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).

Keywords: privatisation proceeds; partisan theory; panel analysis; European Union; state-owned enterprises (search for similar items in EconPapers)
JEL-codes: E62 H42 L33 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2005-09
New Economics Papers: this item is included in nep-eec, nep-mac, nep-pbe and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published - published in: Finanzarchiv, 2007, 63 (2), 211-243

Downloads: (external link)
https://docs.iza.org/dp1741.pdf (application/pdf)

Related works:
Working Paper: The Different Extent of Privatisation Proceeds in EU Countries: A Preliminary Explanation Using a Public Choice Approach (2006)
Working Paper: The different extent of privatisation proceeds in EU countries: A preliminary explanation using a public choice approach (2006)
Working Paper: The Different Extent of Privatisation Proceeds in EU Countries: A Preliminary Explanation Using a Public Choice Approach (2005)
Working Paper: The Different Extent of Privatisation Proceeds in EU Countries: A Preliminary Explanation Using a Public Choice Approach (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp1741

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().