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Privatisation: An Interpretative Essay

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  • Hensher, David A

Abstract

This paper discusses some of the objectives of privatization and issues that are central to the debate on the wisdom of privatization. These issues include: the relationship between asset ownership and the competitive environment; the spreading ownership of productive assets; the role of regulation ("protective" privatization); and alternatives to asset sale such as competitive bidding to contract out a service. Copyright 1986 by Blackwell Publishers Ltd/University of Adelaide and Flinders University of South Australia

Suggested Citation

  • Hensher, David A, 1986. "Privatisation: An Interpretative Essay," Australian Economic Papers, Wiley Blackwell, vol. 25(47), pages 147-174, December.
    • Handle: RePEc:bla:ausecp:v:25:y:1986:i:47:p:147-74
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    Cited by:

    1. James Alleman & Gary Madden & Scott Savage, 2000. "Trade imbalance in international message telephone services," Applied Economics, Taylor & Francis Journals, vol. 32(10), pages 1311-1321.
    2. Ping Jiang & Xinjian Shao & Yi Xue, 2018. "Political Pressure or Rent Seeking? The Role of Mutual Funds in China's Split Share Structure Reform," Australian Economic Papers, Wiley Blackwell, vol. 57(3), pages 284-308, September.

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