This study surveys the literature examining the privatization of state-owned enterprises
(SOEs) We review the history of privatization, the theoretical and empirical evidence on the …

This article surveys a range of issues relating to economic regulation. It begins by examining
market and state failures which provide the basis for arguments in support of regulation …

This paper focuses on measuring and comparing productive efficiency and profitability
among airports owned and operated by government departments, 100% government-owned …

We study the effects of ownership forms on airports' cost efficiency by applying stochastic
frontier analysis to a panel data of the world's major airports. Our key findings are:(a) …

Are resources allocated more efficiently through private ownership than through the public
sector? The experiences of eleven newly privatised companies are examined to evaluate …

After its privatization in 1989, the water and sewerage industry of England and Wales faced
a new regulatory régime and implemented a substantial capital investment program aimed …

We investigate the optimal behavior of a public firm in a mixed market involving private firms
and one public firm. Existing works show that welfare-maximizing behavior by the public firm …

Abstract After the ten Regional Water Authorities (RWAs) of England and Wales were
privatized in November 1989, the successor Water and Sewerage Companies (WASCs) …

A dramatic change of ownership, regulation, and organisation of essential public services,
such as electricity, gas, and telecommunications, has taken place in Europe in less than 20 …

" Driven by ideology, economic reasoning, and early success stories, vast amounts of
financial resources and effort have been spent on reforming infrastructure industries in …