Perspectives on Public Sector Outsourcing: Quasi-markets and Prices

Henrik Jordahl

CESifo Economic Studies, 2019, vol. 65, issue 4, 343-348

Abstract: Public sector outsourcing, in the form of private production of tax-financed services, is on the increase with economic and social consequences for consumers, taxpayers, and employees. The development has given rise to so-called quasi-markets with choice and competition between public, for-profit, and non-profit providers. By introducing the main characteristics of quasi-markets with a focus on prices, this article provides background perspectives. It sets the stage for the other six articles on public sector outsourcing in this special issue of the journal.

Keywords: outsourcing; quasi-markets; remuneration; pay for performance; privatization (search for similar items in EconPapers)
JEL-codes: D23 H11 H44 L33 (search for similar items in EconPapers)
Date: 2019
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