| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6018 |
| DP6018 Infrastructure and Public Utilities Privatization in Developing Countries | |
| Emmanuelle Auriol; Pierre Picard | |
| 发表日期 | 2006-12-24 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | The paper analyses governments? trade-off between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for tax-payers comes at the cost of price increases for consumers. In developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly profitable public utilities, the combination of allocative inefficiency and critical budgetary conditions may favour public ownership. Finally, once a market segment gives room for more than one firm, governments prefer to regulate the industry. In the absence of a credible regulatory agency, regulation is achieved through public ownership. |
| 主题 | Development Economics |
| 关键词 | Developing countries Government budget constraint Infrastructure Privatization Public utilities Regulation |
| URL | https://cepr.org/publications/dp6018 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534857 |
| 推荐引用方式 GB/T 7714 | Emmanuelle Auriol,Pierre Picard. DP6018 Infrastructure and Public Utilities Privatization in Developing Countries. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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