IDEAS home Printed from https://ideas.repec.org/b/ces/ifofob/43.html
   My bibliography  Save this book

Valuation of privatization in Europe by experts and stakeholders : results of explorative surveys and interviews ; EU-supported project understanding privatization policy: political economy and welfare effects

Author

Listed:
  • Gernot Nerb
  • Siegfried Schönherr
  • Bennet Schroeder

Abstract

This EU supported Specific Targeted Research Project (STREP) had been conducted by a European Consortium composed of eight research institutions. Ifo's part within this larger programme was (a) to analyse the fiscal effects of privatization and (b) to assess the valuation of privatization effects by stakeholders and experts in nine European countries. For the fiscal effects a model was constructed based on comparing investment decisions of firms with public investment decisions and tested with data from US municipalities. Than the model was used to analyse privatization effects in comparison with public investment effects. The results showed close similarities between public investment and privatization effects. The model then was applied to German conditions. The results of both tests are published (in preparation) in three articles. The valuation of privatization effects was explored by two standardized surveys and about 50 face to face interviews in nine European countries. The results have been published in IFO Studien No 43.

Suggested Citation

  • Gernot Nerb & Siegfried Schönherr & Bennet Schroeder, 2008. "Valuation of privatization in Europe by experts and stakeholders : results of explorative surveys and interviews ; EU-supported project understanding privatization policy: political economy and welfar," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 43, October.
    • Handle: RePEc:ces:ifofob:43
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifo_Forschungsberichte_43.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Claude Henry & Alain Jeunemaitre & Michel Matheu, 2001. "Regulation of Network Utilities: the European Experience," Post-Print hal-00262924, HAL.
    2. Baldwin, Robert & Cave, Martin & Lodge, Martin, 2011. "Understanding Regulation: Theory, Strategy, and Practice," OUP Catalogue, Oxford University Press, edition 2, number 9780199576098.
    3. Parker, David, 1997. "Price cap regulation, profitability and returns to investors in the UK regulated industries," Utilities Policy, Elsevier, vol. 6(4), pages 303-315, December.
    4. A. Canning & P.G. Hare, 1996. "Political Economy of Privatization in Hungary: A Progress Report," CERT Discussion Papers 9613, Centre for Economic Reform and Transformation, Heriot Watt University.
    5. Henry, Claude & Matheu, Michel & Jeunemaitre, Alain (ed.), 2001. "Regulation of Network Utilities: The European Experience," OUP Catalogue, Oxford University Press, number 9780199244157.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shiji Gao & Yan Wan, 2013. "Market, regulation and state-building in China," Chapters, in: Michael Faure & Xinzhu Zhang (ed.), The Chinese Anti-Monopoly Law, chapter 4, pages 167-193, Edward Elgar Publishing.
    2. Parker, David, 2001. "Economic Regulation: A Preliminary Literature Review and Summary of Research Questions Arising," Centre on Regulation and Competition (CRC) Working papers 30616, University of Manchester, Institute for Development Policy and Management (IDPM).
    3. Hervé Dumez, 2010. "Le Libellio d'Aegis," Post-Print hal-00546720, HAL.
    4. Eckert, Sandra, 2020. "EU agencies in banking and energy between institutional and policy centralisation," SAFE Working Paper Series 278, Leibniz Institute for Financial Research SAFE.
    5. Michael Polemis & Konstantinos Eleftheriou, 2018. "To Regulate Or To Deregulate? The Role Of Downstream Competition In Upstream Monopoly Vertically Linked Markets," Bulletin of Economic Research, Wiley Blackwell, vol. 70(1), pages 51-63, January.
    6. Simon Cowan, 2005. "Competition in Regulated Industries: Some Reflections," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 12(4), pages 351-362.
    7. Adrien de Hauteclocque & Vincent Rious, 2009. "Reconsidering the Regulation of Merchant Transmission Investment in the Light of the Third Energy Package: The Role of Dominant Generators," RSCAS Working Papers 2009/59, European University Institute.
    8. Vinnari, Eija M., 2006. "The economic regulation of publicly owned water utilities: The case of Finland," Utilities Policy, Elsevier, vol. 14(3), pages 158-165, September.
    9. Scheele, Ulrich, 2007. "Privatisierung, Liberalisierung und Deregulierung in netzgebundenen Infrastruktursektoren," Forschungs- und Sitzungsberichte der ARL: Aufsätze, in: Gust, Dieter (ed.), Wandel der Stromversorgung und räumliche Politik, volume 127, pages 35-67, ARL – Akademie für Raumentwicklung in der Leibniz-Gemeinschaft.
    10. Hervé Dumez & Alain Jeunemaitre, 2010. "Michel Callon, Michel Foucault and the « dispositif »," Post-Print hal-00546736, HAL.
    11. Arblaster, Margaret, 2012. "Comparing consultation on investment and technology decisions in air traffic management in Australia and the UK," Journal of Air Transport Management, Elsevier, vol. 22(C), pages 36-44.
    12. Claude Henry, 2004. "Propriété intellectuelle et développement ou comment imposer au monde un système perverti," Revue d’économie du développement, De Boeck Université, vol. 12(3), pages 121-144.
    13. Rita Martins & Luis Cruz & Eduardo Barata, 2013. "Water Price Regulation: A Review of Portuguese Tariff Recommendations," Public Organization Review, Springer, vol. 13(2), pages 197-205, June.
    14. Leigh Hancher & Adrien de Hauteclocque, 2010. "Manufacturing the EU Energy Markets. The Current Dynamics of Regulatory Practice," RSCAS Working Papers 2010/01, European University Institute.
    15. de Hauteclocque, Adrien & Rious, Vincent, 2011. "Reconsidering the European regulation of merchant transmission investment in light of the third energy package: The role of dominant generators," Energy Policy, Elsevier, vol. 39(11), pages 7068-7077.
    16. Hartenberger, Ute, 2007. "Auf dem Weg zum transnationalen Regulierungsregime? Eine Analyse am Beispiel der Regulierung des Telekommunikationsmarktes," TranState Working Papers 52, University of Bremen, Collaborative Research Center 597: Transformations of the State.
    17. Adrien de Hauteclocque & Yannick Perez, 2011. "Law & Economics Perspectives on Electricity Regulation," RSCAS Working Papers 2011/21, European University Institute.
    18. Claude Henry, 2004. "Propriété intellecutelle et développement ou comment imposer au mon un système perverti," Working Papers hal-00242943, HAL.
    19. David Parker, 2004. "The UK's Privatisation Experiment: The Passage of Time Permits a Sober Assessment," CESifo Working Paper Series 1126, CESifo.
    20. AlHussaini, Wissam & Molz, Rick, 2009. "A post-Keynesian regulatory model of privatization," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(2), pages 391-398, March.

    More about this item

    JEL classification:

    • L30 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - General

    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:ces:ifofob:43. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    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.