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Privatisation massive, finances publiques et macroéconomie : le cas de l'Argentine et du Chili

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  • Larrain R, G.
  • Winograd, C. D.

Abstract

L'analyse des effets de la privatisation porte généralement sur des aspects microéconomiques. Néanmoins, lorsque la privatisation est massive, l'évaluation de l'impact macroéconomique présente un grand intérêt. Dans un environnment de crise économique chronique, la privatisation peut jouer un rôle de signal de changement de régime des politiques publiques. L'analyse économétrique montre que la privatisation massive conduit a une appréciation du taux de change réel et contribue positivement à la croissance.

Suggested Citation

  • Larrain R, G. & Winograd, C. D., 1996. "Privatisation massive, finances publiques et macroéconomie : le cas de l'Argentine et du Chili," DELTA Working Papers 96-26, DELTA (Ecole normale supérieure).
  • Handle: RePEc:del:abcdef:96-26
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    References listed on IDEAS

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    1. Vittorio Corbo & Stanley Fischer, "undated". "Lessons from the Chilean Stabilization and Recovery," Documentos de Trabajo 158, Instituto de Economia. Pontificia Universidad Católica de Chile..
    2. John Vickers & George Yarrow, 1988. "Privatization: An Economic Analysis," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262720116, December.
    3. Kiguel, Miguel A., 1991. "Inflation in Argentina: Stop and go since the Austral plan," World Development, Elsevier, vol. 19(8), pages 969-986, August.
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    Cited by:

    1. Thierry Verdier & Carlos Winograd, 1998. "Privatisation de masse et macroéconomie : un modèle théorique d'une petite économie ouverte," Revue Économique, Programme National Persée, vol. 49(1), pages 257-275.

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    More about this item

    Keywords

    PRIVATIZATION; GOVERNMENT POLICY; EXCHANGE RATE; ECONOMIC GROWTH;
    All these keywords.

    JEL classification:

    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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