This paper investigates the effects of the UK privatization process by estimating changes in household welfare on the basis of real relative price changes. As measured on the basis of price changes at the consumer level, privatization has generated aggregate welfare gains for households. When exogenous input costs in the production process are controlled for, it is noted that the role of privatization is more limited, being between 15% and 50% of the total welfare change obtained after privatization has taken place.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Article provided by Mohr Siebeck, Tübingen in its journal FinanzArchiv.
Find related papers by JEL classification: D10 - Microeconomics - - Household Behavior - - - General D60 - Microeconomics - - Welfare Economics - - - General
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Did you know? You can include your works in the database easily by uploading them on the Munich Personal RePEc Archive (MPRA) if you do not have access to an institutional RePEc archive.