Jump to ContentJump to Main Navigation
The Challenges of PrivatizationAn International Analysis$
Users without a subscription are not able to see the full content.

Bernardo Bortolotti and Domenico Siniscalco

Print publication date: 2004

Print ISBN-13: 9780199249343

Published to Oxford Scholarship Online: April 2004

DOI: 10.1093/0199249342.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 20 October 2019

The Determinants of Privatization

The Determinants of Privatization

Chapter:
(p.41) 3 The Determinants of Privatization
Source:
The Challenges of Privatization
Author(s):

BERNARDO BORTOLOTTI DOMENICO SINISCALCO

Publisher:
Oxford University Press
DOI:10.1093/0199249342.003.0004

This chapter studies the economic, political, and institutional determinants of privatization. The analysis begins with a discussion of the link between privatization and economic development, then it studies the role of government’s budget constraints, showing how public finance conditions may bear on the decision to privatize. The chapter then focuses on the role of financial markets and governments’ political orientation in triggering divestiture. Finally, it takes into account institutional aspects, such as a country’s legal tradition, and political regimes. The various hypotheses are discussed sequentially. Their empirical validity, however, is assessed through an original panel data econometric analysis.

Keywords:   economic development, financial markets, legal origins, partisan politics, political institutions, public finance, size of SOE sector

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .