Matches in SemOpenAlex for { <https://semopenalex.org/work/W2119093007> ?p ?o ?g. }
- W2119093007 endingPage "541" @default.
- W2119093007 startingPage "513" @default.
- W2119093007 abstract "Abstract Privatisation is widely promoted as a means of improving economic performance in developing countries. However, the policy remains controversial and the relative roles of ownership and other structural changes, such as competition and regulation, in promoting economic performance remain uncertain. This article reviews the main empirical evidence on the impact of privatisation on economic performance in developing economies. The evidence suggests that if privatisation is to improve performance over the longer term, it needs to be complemented by policies that promote competition and effective state regulation, and that privatisation works best in developing countries when it is integrated into a broader process of structural reform. Notes David Parker (corresponding author>, School of Management, Cranfield University, Cranfield, Bedfordshire, MK43 0AL and Centre on Regulation and Competition, IDPM, University of Manchester. Tel:(+ 44)1234 754378; fax(+ 44)1234 752136 e-mail: david.parker@cranfield.ac.uk. Colin Kirkpatrick, Centre on Regulation and Competition, IDPM, University of Manchester. The authors would like to thank three referees for their helpful comments on an earlier draft. The usual disclaimer applies. For much earlier studies, where the emphasis was on reviewing the comparative performance of public and private enterprises in developing countries, see Cook and Kirkpatrick [ Citation 1988 ] and Millward [ Citation 1988 ]. For example, Brune and Garrett [ Citation 2000 ] report that privatisation is promoted by good economic conditions; and D'Souza, Megginson and Nash [ Citation 2001 ] based on a sample of 118 firms from 29 countries, find stronger output gains from privatisation in countries with faster growing economies. Panel data includes both cross-sectional (in this case cross-country) and time series statistics. Panel data are analysed using either a random effects or fixed effects model. The random effects model assumes that the random error associated with each cross-section unit is uncorrelated with the other regressors. Where this is not appropriate, the fixed effects model is superior. A measure of debt to equity financing. Wallsten [ Citation 2000 ] finds that exclusivity agreements for telecoms in developing countries reduce performance but boost government receipts, suggesting that monopoly rents are shared between private shareholders and government. Indeed, Bortolloti et al. [2000: 19] note some accounting write-offs: ‘The governments of Argentina and Venezuela assumed debts of US$930 million and $471 million respectively, prior to the sale of their telephone companies. In Ghana, the government assumed $6.3 million in debts and unpaid taxes before divestiture’. Nevertheless, it is not clear whether the data have been adjusted to allow for the accounts restructuring. On water there are two tentative studies by Estache and Rossi [ Citation 2002 ] and Estache and Kouassi [ Citation 2002 ], but they are far from conclusive. Privatisation was found to have had a favourable impact on the performance of water utilities in Africa but not in Asia. http://rru.worldbank.org/Resources.asp?results = true&stopicids = 35 Shirley and Walsh [ Citation 2001 ] in their review of studies on private versus public enterprise also show that the benefits of privatisation are less pronounced where there are monopolies. A number of privatisations in Uganda [ Citation Tangri and Mwenda, 2001 ], Zambia [ Citation Craig, 2000 ], Bukina Faso [ Citation Sawadogo, 2000 ] and Cote D'Ivoire [ Citation Wilson, 1994 ], for example, have involved the transfer of assets to politicians, their families and their associates on preferential terms. Additional informationNotes on contributorsDavid Parker David Parker (corresponding author>, School of Management, Cranfield University, Cranfield, Bedfordshire, MK43 0AL and Centre on Regulation and Competition, IDPM, University of Manchester. Tel:(+ 44)1234 754378; fax(+ 44)1234 752136 e-mail: david.parker@cranfield.ac.uk. Colin Kirkpatrick, Centre on Regulation and Competition, IDPM, University of Manchester. The authors would like to thank three referees for their helpful comments on an earlier draft. The usual disclaimer applies." @default.
- W2119093007 created "2016-06-24" @default.
- W2119093007 creator A5055598867 @default.
- W2119093007 creator A5059036397 @default.
- W2119093007 date "2005-05-01" @default.
- W2119093007 modified "2023-10-16" @default.
- W2119093007 title "Privatisation in Developing Countries: A Review of the Evidence and the Policy Lessons" @default.
- W2119093007 cites W1496571155 @default.
- W2119093007 cites W1557482333 @default.
- W2119093007 cites W1591153209 @default.
- W2119093007 cites W1591191390 @default.
- W2119093007 cites W1605480343 @default.
- W2119093007 cites W1758815388 @default.
- W2119093007 cites W178653648 @default.
- W2119093007 cites W1890455652 @default.
- W2119093007 cites W1964101251 @default.
- W2119093007 cites W1966538767 @default.
- W2119093007 cites W1968973691 @default.
- W2119093007 cites W1979984511 @default.
- W2119093007 cites W1985069139 @default.
- W2119093007 cites W1995372689 @default.
- W2119093007 cites W2004559207 @default.
- W2119093007 cites W2006885981 @default.
- W2119093007 cites W2007786622 @default.
- W2119093007 cites W2011956646 @default.
- W2119093007 cites W2012559795 @default.
- W2119093007 cites W2017212838 @default.
- W2119093007 cites W2020519924 @default.
- W2119093007 cites W2027539707 @default.
- W2119093007 cites W2032224241 @default.
- W2119093007 cites W2051098543 @default.
- W2119093007 cites W2056698298 @default.
- W2119093007 cites W2065861215 @default.
- W2119093007 cites W2066332806 @default.
- W2119093007 cites W2071793458 @default.
- W2119093007 cites W2077309487 @default.
- W2119093007 cites W2079753302 @default.
- W2119093007 cites W2091448208 @default.
- W2119093007 cites W2091940138 @default.
- W2119093007 cites W2113370930 @default.
- W2119093007 cites W2123140473 @default.
- W2119093007 cites W2127720841 @default.
- W2119093007 cites W2128719020 @default.
- W2119093007 cites W2129755254 @default.
- W2119093007 cites W2153264136 @default.
- W2119093007 cites W2223314891 @default.
- W2119093007 cites W2316155679 @default.
- W2119093007 cites W2802487239 @default.
- W2119093007 cites W2892727371 @default.
- W2119093007 cites W3111803153 @default.
- W2119093007 cites W3121336640 @default.
- W2119093007 cites W3121478039 @default.
- W2119093007 cites W3121833003 @default.
- W2119093007 cites W3122684442 @default.
- W2119093007 cites W3124323952 @default.
- W2119093007 cites W3124501031 @default.
- W2119093007 cites W3125820590 @default.
- W2119093007 cites W4214827240 @default.
- W2119093007 cites W422207833 @default.
- W2119093007 cites W4251580155 @default.
- W2119093007 cites W4254909216 @default.
- W2119093007 cites W4366130162 @default.
- W2119093007 cites W782512714 @default.
- W2119093007 doi "https://doi.org/10.1080/00220380500092499" @default.
- W2119093007 hasPublicationYear "2005" @default.
- W2119093007 type Work @default.
- W2119093007 sameAs 2119093007 @default.
- W2119093007 citedByCount "160" @default.
- W2119093007 countsByYear W21190930072012 @default.
- W2119093007 countsByYear W21190930072013 @default.
- W2119093007 countsByYear W21190930072014 @default.
- W2119093007 countsByYear W21190930072015 @default.
- W2119093007 countsByYear W21190930072016 @default.
- W2119093007 countsByYear W21190930072017 @default.
- W2119093007 countsByYear W21190930072018 @default.
- W2119093007 countsByYear W21190930072019 @default.
- W2119093007 countsByYear W21190930072020 @default.
- W2119093007 countsByYear W21190930072021 @default.
- W2119093007 countsByYear W21190930072022 @default.
- W2119093007 countsByYear W21190930072023 @default.
- W2119093007 crossrefType "journal-article" @default.
- W2119093007 hasAuthorship W2119093007A5055598867 @default.
- W2119093007 hasAuthorship W2119093007A5059036397 @default.
- W2119093007 hasBestOaLocation W21190930072 @default.
- W2119093007 hasConcept C111472728 @default.
- W2119093007 hasConcept C138885662 @default.
- W2119093007 hasConcept C144133560 @default.
- W2119093007 hasConcept C162324750 @default.
- W2119093007 hasConcept C166052673 @default.
- W2119093007 hasConcept C17744445 @default.
- W2119093007 hasConcept C18903297 @default.
- W2119093007 hasConcept C199539241 @default.
- W2119093007 hasConcept C2777080597 @default.
- W2119093007 hasConcept C2778805511 @default.
- W2119093007 hasConcept C50522688 @default.
- W2119093007 hasConcept C83864248 @default.
- W2119093007 hasConcept C86803240 @default.
- W2119093007 hasConcept C91306197 @default.