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The Fiscal Consequences of Privatisation: Australian Evidence

Author

Listed:
  • Harris, M.
  • Lye, J.

Abstract

Privatisation has become a common governement policy in many countries. This paper summarizes the salient features of privatisations by public share float in Australia during the period 1989 to 1997. The costs associated with these privatisations is examined, including both direct costs and the opportunity cost of Australian gorvernments selling assets cheaply. Furthermorem, the impact that such sales have on the net worth of the public sector is estimated.

Suggested Citation

  • Harris, M. & Lye, J., 1998. "The Fiscal Consequences of Privatisation: Australian Evidence," Department of Economics - Working Papers Series 665, The University of Melbourne.
    • Handle: RePEc:mlb:wpaper:665
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    More about this item

    Keywords

    PRIVATIZATION ; COSTS ; PUBLIC SECTOR ; AUSTRALIA;
    All these keywords.

    JEL classification:

    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out

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