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The Political Economy of Privatization and Deregulation : International Library of Critical Writings in Economics - Elizabeth E. Bailey

The Political Economy of Privatization and Deregulation

International Library of Critical Writings in Economics

Hardcover Published: January 1995
ISBN: 9781852788315
Number Of Pages: 672

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The collection of articles in this volume reflect the vigorous implementation of privatization in Europe and deregulation in the United States over the last 25 years. The evolutions of the movements is discussed, both intellectually and politically.

Acknowledgements
Introduction
The Economics of Property Rights: A Review of the Evidencep. 5
Bureaucrats and Politiciansp. 52
Privatization, Information and Incentivesp. 79
Economic Rationales for the Scope of Privatizationp. 95
Behavior of the Firm under Regulatory Constraintp. 131
The Theory of Economic Regulationp. 149
The Economic Theory of Regulation after a Decade of Deregulationp. 168
The Kennedy Subcommittee's Civil Aeronautics Board Practices and Proceduresp. 227
Cross-Subsidization: Pricing in Public Enterprisesp. 233
Weak Invisible Hand Theorems on the Sustainability of Multiproduct Natural Monopolyp. 245
Contestable Markets and the Theory of Industry Structure: A Review Articlep. 261
Contestability and the Design of Regulatory and Antitrust Policyp. 271
Applications of Economics to an Imperfect Worldp. 277
Privatization in Theory and Practicep. 295
The Regulation of Privatized Monopolies in the United Kingdomp. 349
Privatization in Europe: A Comparison of Approachesp. 368
The Opportunities and Constraints of Privatizationp. 385
The Relative Efficiency of Public and Private Firms in a Competitive Environment: The Case of Canadian Railroadsp. 413
The Relative Efficiency of Public and Private Firms in a Regulated Environment: The Case of U.S. Electric Utilitiesp. 432
The Efficiency of Public versus Private Firms The Case of Australia's Two Airlinesp. 446
Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed, and State-owned Enterprisesp. 463
Change at the Exchange: The Causes and Effects of Deregulationp. 499
The Evolution of U.S. Airline Competitionp. 539
Coal Rates and Revenue Adequacy in a Quasi-Regulated Rail Industryp. 568
Economic Deregulation: Days of Reckoning for Microeconomistsp. 587
The Effects of the Breakup of ATandT on Telephone Penetration in the United Statesp. 614
Postdivestiture Long-Distance Competition in the United Statesp. 621
Effects of the Change from Rate-of-Return to Price-Cap Regulationp. 627
Name Indexp. 635
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9781852788315
ISBN-10: 1852788313
Series: International Library of Critical Writings in Economics
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 672
Published: January 1995
Publisher: Edward Elgar Publishing Ltd
Country of Publication: GB
Dimensions (cm): 25.4 x 17.78  x 5.08
Weight (kg): 1.27

Earn 1243 Qantas Points
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