G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
The Political Economy of Privatization
Bernardo Bortolotti; Paolo Pinotti
发表日期2003
出处Economy and Society
出版年2003
语种英语
摘要This paper provides an empirical analysis of the role of political institutions in privatization. The empirical testing relies on a new political database with continuous and time-varying measures of the political-institutional setting, and of the partisan orientation of the executive. Using panel data for 21 industrialized countries in the 1977-1999 period, first we show the likelihood and the extent of privatization to be strongly and positively associated with majoritarian political systems. On the contrary, in consensual democracies privatization seems delayed by a "war of attrition" among different political actors. Second, we identify a partisan determinant of the choice of the privatization method. As theory predicts, right wing executives with re-election concerns design privatization to spread share ownership among domestic voters.
特色分类D72,D78,L33
关键词Political institutions,Partisan politics,Privatization
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-political-economy-of-privatization/
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/116873
推荐引用方式
GB/T 7714
Bernardo Bortolotti,Paolo Pinotti. The Political Economy of Privatization. 2003.
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