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Ownership and Production Costs Choosing Between Public Production and Contracting Out

Henry Ohlsson

Working Papers from Uppsala - Working Paper Series

Abstract: Many comparisons of the performance of public and private producers use a public/private ownership dummy varaible to capture cost differences in cross section data. This is appropriate if the producer choice is random. The dummy variable model is, however, logically inconsistent if the producer choice depends on cost differences.

Keywords: OWNERSHIP; COMPETITION; COSTS; PRIVATIZATION (search for similar items in EconPapers)
JEL-codes: D24 E22 L32 L33 (search for similar items in EconPapers)
Pages: 16 pages
Date: 1998
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Citations: View citations in EconPapers (16)

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Related works:
Journal Article: Ownership and Production Costs: Choosing between Public Production and Contracting-Out in the Case of Swedish Refuse Collection (2003)
Working Paper: Ownership and Production Costs - Choosing Between Public Production and Contracting Out (1998) Downloads
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