Ansgar Belke, Frank Baumgärtner, Friedrich Schneider, Ralph Setzer

The Different Extent of Privatization Proceeds in OECD Countries: A Preliminary Explanation Using a Public-Choice Approach

Section: Articles
FinanzArchiv (FA)

Volume 63 () / Issue 2, pp. 211-243 (33)

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This paper empirically investigates the differences in the motives for raising privatization proceeds for a panel of 22 OECD countries from 1990 to 2001. We test whether privatizations can be mainly interpreted (a) as a means to foster growth, increase tax income, and relax the fiscal stance, (b) as a result of right-wing governments' more market-oriented policy stance, and (c) as a reaction to a country's institutional setting and the influence of interest groups. Whereas we are able to corroborate claim (c) only partly, we gain consistent evidence in favor of claims (a) and (b).

Ansgar Belke No current data available.

Frank Baumgärtner No current data available.

Friedrich Schneider No current data available.

Ralph Setzer No current data available.