English, Article edition: Privatization in Poland Gianni De Fraja; Barbara M. Roberts

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Privatization in Poland
Author
  • Gianni De Fraja
  • Barbara M. Roberts
Physical Description
  • article
Notes
  • This article uses the sequencing of privatization to infer the objective pursued by the Polish government in the privatization of its large manufacturing firms in the second half of the 1990s. We construct a model of mixed oligopoly and use it to evaluate the privatization process; our analysis is based on the assumption that firms which furthered the government's objective function the most would be chosen to be privatized first. Based on the features of the firms that were chosen for early privatization, our empirical analysis suggests that welfare maximization was more important than the desire to maximize the revenues from privatization and the government's budget or to minimize employment losses. Copyright (c) 2009 The Authors. Journal compilation (c) 2009 The European Bank for Reconstruction and Development.
  • RePEc:bla:etrans:v:17:y:2009:i:3:p:531-557
Language
  • English
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e.g. test cricket, Perth (WA), "Parkes, Henry"

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