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Le telecomunicazioni britanniche: privatizzazione e dinamiche della cultura aziendale e industriale


  • Jeremy Turk


British Telecommunications Plc: Privatisation and the Dynamics of Corporate and Industrial Culture (di Jeremy Turk) - ABSTRACT: In this response to the case-study of BT, it is explained how privatisation, competition and regulation form part of a complex system of industrial evolution. The paper examines the dynamics of BT culture, and seeks to draw out how privatisation has changed behaviour. It argues that the past fifteen years have been a period of experiment and learning that has greatly changed the culture of residual control. The net impact of these changes has been more favourable than the Milan study perhaps suggests. The importance of counterfactuals in carrying out cost/benefit analysis is underlined and it is emphasised that large scale policy choice must be understood in the context of a comparison of two imperfect institutional systems; no set of institutions is likely to achieve in practice all that can be imagined in theory.

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  • Jeremy Turk, 2003. "Le telecomunicazioni britanniche: privatizzazione e dinamiche della cultura aziendale e industriale," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2003(2).
  • Handle: RePEc:fan:epepep:v:html10.3280/ep2003-002014

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    References listed on IDEAS

    1. Roberto Perotti, 2012. "The "Austerity Myth": Gain without Pain?," NBER Chapters,in: Fiscal Policy after the Financial Crisis, pages 307-354 National Bureau of Economic Research, Inc.
    2. Roberto Perotti, 2012. "The Effects of Tax Shocks on Output: Not So Large, but Not Small Either," American Economic Journal: Economic Policy, American Economic Association, vol. 4(2), pages 214-237, May.
    3. Carlo Cottarelli & Laura Jaramillo, 2013. "Walking Hand in Hand: Fiscal Policy and Growth in Advanced Economies," Review of Economics and Institutions, Università di Perugia, vol. 4(2).
    4. Thushyanthan Baskaran & Lars P. Feld & Jan Schnellenbach, 2014. "Fiscal Federalism, Decentralization and Economic Growth: Survey and Meta-Analysis," CESifo Working Paper Series 4985, CESifo Group Munich.
    5. Dixit Avinash K, 2010. "Democracy, Autocracy and Bureaucracy," Journal of Globalization and Development, De Gruyter, vol. 1(1), pages 1-47, January.
    6. Avinash Dixit, 2002. "# Incentives and Organizations in the Public Sector: An Interpretative Review," Journal of Human Resources, University of Wisconsin Press, vol. 37(4), pages 696-727.
    7. Christina D. Romer & David H. Romer, 2010. "The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks," American Economic Review, American Economic Association, vol. 100(3), pages 763-801, June.
    8. Roberto Perotti, 2011. "The "Austerity Myth": Gain without Pain?," Working Papers 430, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    9. Perotti, Roberto, 2011. "The "Austerity Myth": Gain without Pain?," CEPR Discussion Papers 8658, C.E.P.R. Discussion Papers.
    10. Timothy Besley, 2007. "The New Political Economy," Economic Journal, Royal Economic Society, vol. 117(524), pages 570-587, November.
    11. Roberto Perotti, 2011. "The "Austerity myth": Gain Without Pain?," BIS Working Papers 362, Bank for International Settlements.
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