An efficient privatization mechanism

Anbarci, Nejat and Karaaslan, Mehmet E. 1998, An efficient privatization mechanism, Journal of economic policy reform, vol. 2, no. 1, pp. 73-87, doi: 10.1080/13841289808523374.

Attached Files
Name Description MIMEType Size Downloads

Title An efficient privatization mechanism
Author(s) Anbarci, NejatORCID iD for Anbarci, Nejat
Karaaslan, Mehmet E.
Journal name Journal of economic policy reform
Volume number 2
Issue number 1
Start page 73
End page 87
Total pages 15 p.
Publisher Routledge
Place of publication Abingdon, England
Publication date 1998-02
ISSN 1748-7870
Summary We consider the privatization of State-Owned Enterprises (SOEs) of which markets can be opened to competition once privatization takes place and competitors can compete successfully against them in a few years. The currently used "Revenue Maximization (RM)" scheme maximizes the government revenue from privatization but does not provide incentives for the privatized SOE to charge a price lower than the monopoly price until competition arises. We propose the "Welfare Maximization (WMY scheme, which induces the privatized SOE to charge a competitive price without resorting to regulation. Also, WM provides greater incentives for post-privatization cost reduction.
Language eng
DOI 10.1080/13841289808523374
Field of Research 160505 Economic Development Policy
140213 Public Economics- Public Choice
Socio Economic Objective 970116 Expanding Knowledge through Studies of Human Society
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©1998,Taylor & Francis
Persistent URL

Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
Connect to link resolver
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 0 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 689 Abstract Views, 18 File Downloads  -  Detailed Statistics
Created: Tue, 02 Mar 2010, 11:29:00 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact