IDEAS home Printed from https://ideas.repec.org/a/mes/eaeuec/v58y2020i4p327-359.html
   My bibliography  Save this article

Privatization by Auction: Determinants of Asset Prices in Kosovo

Author

Listed:
  • Petrit Gashi
  • Iraj Hashi
  • Geoff Pugh

Abstract

The contribution of this paper is twofold. First, we use the administrative dataset of the Privatization Agency of Kosovo between 2003 and 2018 to analyze the factors affecting privatization prices. We identify the effects of five sets of variables: features of the auction process; Privatization Agency-related variables; buyer characteristics; asset characteristics; and election-related variables. Second, beyond this econometric investigation, we explore the complexities of the privatization process in Kosovo, in particular the Kosovo-specific factors that may have influenced the prices of privatized enterprises and assets. Policy implications suggest measures to enhance the credibility of the privatization process and related institutions.

Suggested Citation

  • Petrit Gashi & Iraj Hashi & Geoff Pugh, 2020. "Privatization by Auction: Determinants of Asset Prices in Kosovo," Eastern European Economics, Taylor & Francis Journals, vol. 58(4), pages 327-359, July.
  • Handle: RePEc:mes:eaeuec:v:58:y:2020:i:4:p:327-359
    DOI: 10.1080/00128775.2020.1754858
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00128775.2020.1754858
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/00128775.2020.1754858?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ivanović, Vladan & Uberti, Luca J. & Imami, Drini, 2023. "Opportunistic privatization," European Journal of Political Economy, Elsevier, vol. 80(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:eaeuec:v:58:y:2020:i:4:p:327-359. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MEEE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.