A Leontief-type Model of Ownership Structures. Methodology and Implications
AbstractA simple algebraic model of a property structure leading to Leontief's input-output scheme is developed and used to eliminate indirect ownership relations and evaluate the final distribution of national property among individual owners. A concept of transparency of an ownership structure is defined. Implications of non-transparency for general equilibrium theory, profit distribution and decision making are discussed.
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Bibliographic InfoPaper provided by The Vienna Institute for International Economic Studies, wiiw in its series wiiw Working Papers with number 13.
Date of creation: Apr 2000
Date of revision:
Publication status: Published as wiiw Working Paper
Find related papers by JEL classification:
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
- K11 - Law and Economics - - Basic Areas of Law - - - Property Law
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- Marie Bohatá, 1998. "Some implications of voucher privatization for corporate governance," Prague Economic Papers, University of Economics, Prague, vol. 1998(1).
- Roman Matoušek, 1998. "Banking regulation and supervision: lessons from the czech republic," Prague Economic Papers, University of Economics, Prague, vol. 1998(1).
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