IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/17760_2.html
   My bibliography  Save this book chapter

Public and private enterprises, costs and welfare performance: an overview with suggestions for further research

In: The Reform of Network Industries

Author

Listed:
  • Johan Willner
  • Sonja Grönblom

Abstract

Public ownership is a way to provide goods and services where market performance is not satisfactory, or when the economy would otherwise be stagnant. This chapter provides a brief review of the existing theoretical and empirical literature and suggestions for further research. While far from exhaustive, our overview suggests that there is no unanimous body of research showing that the costs of public ownership overshadow its benefits. More research is needed on different forms of ownership, and we emphasise potential intrinsic motivation under private and public ownership as well as their impact on quality and on the constraints imposed by international competition. We also suggest research on renationalisation through buyer power and on the significance of governance quality.

Suggested Citation

  • Johan Willner & Sonja Grönblom, 2017. "Public and private enterprises, costs and welfare performance: an overview with suggestions for further research," Chapters, in: Massimo Florio (ed.), The Reform of Network Industries, chapter 2, pages 28-42, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17760_2
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781786439024.00010.xml
    Download Restriction: no
    ---><---

    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:elg:eechap:17760_2. 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: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    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.