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Privatization: An Economic Analysis

Author

Listed:
  • John Vickers

    () (Oxford University)

  • George Yarrow

    () (Regulatroy Policy Institute)

Abstract

The process of selling assests and enterprises to the private sector raises questions about natural monopolies, the efficiency and equity of state-owned versus privately owned enterprises, and industrial policy. This comprehensive analysis of the British privatization program explores these questions both theoretically and empirically.

Suggested Citation

  • John Vickers & George Yarrow, 1988. "Privatization: An Economic Analysis," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262720116.
  • Handle: RePEc:mtp:titles:0262720116
    as

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    More about this item

    Keywords

    privatization; industrial policy; natural monopolies; efficiency; equity;

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • P1 - Economic Systems - - Capitalist Systems

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