Gorecki, Paul K, Lyons, Sean and Tol, Richard S J (2011) Public policy towards the sale of state assets in troubled times: Lessons from the Irish experience. Utilities Policy, 19 (3). pp. 193-201. ISSN 0957-1787
Full text not available from this repository.Abstract
The sale of state assets, both tangible (e.g. commercial firms) and intangible (e.g. radio spectrum), can address budgetary shortfalls. However, drawing on the Irish experience to inform this important issue, it becomes clear that much more is involved in selling state assets in electricity, gas, and transport than ranking such assets by value. Wider public policy considerations need to be taken into account in deciding what to sell and under what conditions. The paper outlines how these wider issues, relating to competition and regulation, can be dealt with so that the sale of state assets will enhance societal welfare.
Item Type: | Article |
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Schools and Departments: | School of Business, Management and Economics > Economics |
Subjects: | H Social Sciences > HB Economic theory. Demography |
Related URLs: | |
Depositing User: | Richard Tol |
Date Deposited: | 18 Apr 2012 09:33 |
Last Modified: | 30 Nov 2012 17:11 |
URI: | http://srodev.sussex.ac.uk/id/eprint/38235 |