Public policy towards the sale of state assets in troubled times: Lessons from the Irish experience
Paul Gorecki,
Sean Lyons and
Richard Tol
Utilities Policy, 2011, vol. 19, issue 3, 193-201
Abstract:
The sale of state assets, both tangible (e.g. commercial firms) and intangible (e.g. radio spectrum), can address budgetary shortfalls. However, drawing on the Irish experience to inform this important issue, it becomes clear that much more is involved in selling state assets in electricity, gas, and transport than ranking such assets by value. Wider public policy considerations need to be taken into account in deciding what to sell and under what conditions. The paper outlines how these wider issues, relating to competition and regulation, can be dealt with so that the sale of state assets will enhance societal welfare.
Keywords: Privatisation; Regulation; Ireland; State assets (search for similar items in EconPapers)
JEL-codes: H27 L32 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S095717871100035X
Full text for ScienceDirect subscribers only
Related works:
Working Paper: Public Policy Towards the Sale of State Assets in Troubled Times: Lessons from the Irish Experience (2010) 
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:eee:juipol:v:19:y:2011:i:3:p:193-201
DOI: 10.1016/j.jup.2011.05.004
Access Statistics for this article
Utilities Policy is currently edited by Beecher, Janice
More articles in Utilities Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().