G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Privatisation Around the World: New Evidence from Panel Data
Domenico Siniscalco; Bernardo Bortolotti; Marcella Fantini
发表日期2001
出处Economy and Society
出版年2001
语种英语
摘要This paper presents new evidence about privatisation processes and their determinants from a panel of 34 countries over the 1977-99 period. The empirical analysis shows that privatisation takes place typically in wealthy and democratic countries, endowed with deep and liquid stock markets, and is affected by the governing political majority and public sector budget constraints. But the extent of privatisation in terms of revenues and stakes sold appears more limited in civil law countries, where shareholders are poorly protected, banks powerful, and capital markets less developed.
特色分类L33,D72,G15,H6,K22
关键词Privatisation,public finance,political economy,law and finance,capital markets
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/privatisation-around-the-world-new-evidence-from-panel-data/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116680
推荐引用方式
GB/T 7714
Domenico Siniscalco,Bernardo Bortolotti,Marcella Fantini. Privatisation Around the World: New Evidence from Panel Data. 2001.
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NDL2001-077.pdf(771KB)智库出版物 限制开放CC BY-NC-SA浏览
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