IDEAS home Printed from https://ideas.repec.org/a/wly/jintdv/v27y2015i1p133-143.html
   My bibliography  Save this article

Fiscal Responses to Privatisation in Transition Economies: an Empirical Assessment

Author

Listed:
  • Lutfi Erden
  • Nasip Bolatoglu

Abstract

One objective of privatisation is to provide a favourable fiscal position. Thus, the success of privatisation depends on fiscal responses of governments to privatisation. To assess the success of privatisation, the study uses a fiscal response model as an appropriate theoretical framework, modifying it to incorporate privatisation revenues. The resulting empirical equations allow us to examine the effects of privatisation on several fiscal variables. Applying the panel data from 22 transition economies to the empirical models, we find that while privatisation revenue has no impact on debt service or borrowing, it is related positively with expenditures and negatively with revenues. Copyright © 2013 John Wiley & Sons, Ltd.

Suggested Citation

  • Lutfi Erden & Nasip Bolatoglu, 2015. "Fiscal Responses to Privatisation in Transition Economies: an Empirical Assessment," Journal of International Development, John Wiley & Sons, Ltd., vol. 27(1), pages 133-143, January.
    • Handle: RePEc:wly:jintdv:v:27:y:2015:i:1:p:133-143
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Volkan YURDADOÐ & Haþim AKÇA & Ýlter ÜNLÜKAPLAN, 2016. "Evaluating Transformation Process In Central Asian Turkic Republics In Terms Of Privatization And Economic Freedom On 25th Anniversary Of The Transition," Eurasian Business & Economics Journal, Eurasian Academy Of Sciences, vol. 4(4), pages 100-121, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:jintdv:v:27:y:2015:i:1:p:133-143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www3.interscience.wiley.com/journal/5102/home .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.