Méthodes de privatisation et évolution de l'output dans les économies en transition

Fabian Gouret

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: Using a sample of 25 economies in transition from 1990 to 2001, this paper deals with the evolution of output and its relation to the different large-scale privatization policies applied by the countries. Ceteris paribus, we econometrically show that the choice of a privatization policy can lock a country into a path of underdevelopment, especially massive giveaways. We also find that macroeconomic performance gains come from gradual sales to outsiders and policies promoting the emergence of a new private sector (privatization from below)

Keywords: Transition; macroeconomic performance; privatization (search for similar items in EconPapers)
JEL-codes: L33 O11 O4 P32 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2003-12
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Persistent link: https://EconPapers.repec.org/RePEc:mse:wpsorb:j04028

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