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Privatization in oligopoly: the impact of the shadow cost of public funds
(2008)
The aim of this paper is to investigate the welfare effect of privatization
in oligopoly when the government takes into account
the distortionary effect of rising funds by taxation (shadow cost
of public funds). We ...
On the FDI: attracting property of privatization
(2010)
In the present paper we provide an explanation of why privatization
may attract foreign investors willing to enter a regional
market. Privatization turns the formerly-public rm into a less aggressive
competitor since ...