In a number of countries, privatization has been mentioned in the context of general measures intended to secure a reduction in the government or public sector deficit. The fiscal impact of privatization is, however, less obvious than the act of selling an enterprise or eliminating the need to subsidize loss-making enterprises would seem to suggest.
Alchian, A. A., “Some Economics of Property Rights,” Il Politico, Vol. 30 (1965).
Ashworth, Mark, John Hills, and Nick Morris, Public Finances in Perspective, Report Series No. 8 (London: Institute for Fiscal Studies, 1984).
Atkinson, Anthony B., and Joseph E. Stiglitz, Lectures on Public Economics (New York: McGraw-Hill, 1980).
Barro, Robert J., “Are Government Bonds Net Wealth?,” Journal of Political Economy (Chicago), Vol. 82 (November-December 1974), pp. 1095–1117.
Baumol, William J., John C. Panzar, and Robert D. Willig, Contestable Markets and the Theory of Industry Structure (New York: Harcourt, Brace, Jovanovich, 1982).
Beesley, Michael, and Stephen Littlechild, “Privatization: Principles, Problems and Priorities,” Lloyds Bank Review (London), No. 149 (July 1983), pp. 1–20.
Berg, Eliot J., “Changes in the Public-Private Mix: A Survey of Some Recent Experiences in LDCs” (unpublished, International Monetary Fund, 1983).
Berg, Eliot J., “Divestiture of State-Owned Enterprises in LDCs” (unpublished, Washington, World Bank, 1985).
Borcherding, Thomas E., Werner W. Pommerehne, and Friedrich Schneider, “Comparing the Efficiency of Private and Public Production: The Evidence from Five Countries,” Zeitschrift fur Nationalökonomie, Supplement 2 (1982), pp. 127–56.
Brittan, Samuel, “Privatization: A Comment on Kay and Thompson,” Economic Journal (London), Vol. 96 (March 1986), pp. 33–38.
Buiter, W.H, “Measurement of the Public Sector Deficit and Its Implications for Policy Evaluation and Design,” Staff Papers, International Monetary Fund (Washington), Vol. 30 (June 1983a).
Buiter, W.H, “The Theory of Optimum Deficits and Debt,” in The Economics of Large Government Deficits (Boston: Federal Reserve Bank of Boston, 1983b).
Byatt, Ian, “Market and Non-Market Alternatives in the Public Supply of Public Services: British Experience with Privatization,” in Public Expenditure and Government Growth, ed. by Francesco Forte and Alan Peacock (Oxford: Basil Blackwell, 1985).
Heller, Peter S., Richard D. Haas, and Ahsan S. Mansur, A Review of the Fiscal Impulse Measure, Occasional Paper No. 44 (Washington: International Monetary Fund, 1986).
International Monetary Fund, Fund-Supported Programs, Fiscal Policy, and Income Distribution, Occasional Paper No. 46 (Washington: International Monetary Fund, 1986).
Kay, John A., and Mervyn A. King, The British Tax System (Oxford: Oxford University Press, 1983).
Kay, John A., and Mervyn A. King, and Z. Aubrey Silberston, “The New Industrial Policy—Privatisation and Competition,” Midland Bank Review (London), Spring 1984, p. 8.
Kay, John A., and Mervyn A. King, and David J. Thompson, “Privatisation: A Policy in Search of a Rationale,” Economic Journal (London), Vol. 96 (March 1986), pp. 33–38.
Klein, Rudolf, “Privatization and the Welfare State,” Lloyds Bank Review (London), No. 151 (January 1984), pp. 12–19.
Mansoor, Ali M., “The Budgetary Impact of Privatization” (unpublished, Washington, International Monetary Fund, October 1987).
Marchese, C., “Market and Non-Market Alternatives in the Public Supply of Public Services: Some Empirical Evidence,” in Public Expenditure and Government Growth, ed. by Francesco Forte and Alan Peacock (Oxford: Basil Blackwell, 1985).
Martinelli, A., “The Italian Experience: A Historical Perspective,” in State-Owned Enterprise in the Western Economies, ed. by Raymond Vernon and Yair Aharoni (New York: St. Martin’s Press, 1980).
Mayer, Colin P., and Shirley A. Meadowcroft, “Selling Public Assets: Techniques and Financial Implications,” Fiscal Studies (Oxford), Vol. 6 (November 1985), pp. 42–55.
Millward, Robert, “The Comparative Performance of Public and Private Ownership,” in The Mixed Economy, ed. by Eric Roll (London: Macmillan, 1982).
Niskanen, William Arthur, Bureaucracy and Representative Government (Chicago: Aldine-Atherton, 1971).
Papps, Ivy, Government and Enterprise: An Analysis of the Economics of Governmental Regulation or Control of Industry (London: Institute of Economic Affairs, 1975).
Paul, Samuel, “Privatization and the Public Sector,” Finance and Development (Washington), Vol. 22 (December 1985), pp. 42–45.
Pirie, Masden, Dismantling the State: The Theory and Practice of Privatization (Dallas: National Center for Policy Analysis, 1985).
Posner, Michael, “Privatization: The Frontier Between Public and Private,” Policy Studies (London), Vol. 5 (July 1984), pp. 22–32.
Pryke, Richard, Public Enterprise in Practice (London: MacGibbon and Kee, 1971).
Pryke, Richard, “Comparative Performance of Public and Private Enterprise,” Fiscal Studies (Oxford), Vol. 3 (July 1982), pp. 68–81.
Rees, Ray, “Is There an Economic Case for Privatization?” Public Money (London), Vol. 5 (March 1986), pp. 19–26.
Sharpe, Thomas, “The Control of Natural Monopoly by Franchising,” in Franchising in the Public Sector (London: Public Money, 1983).
Shepherd, William G., “Contestability vs. Competition,” American Economic Review (Nashville, Tennessee), Vol. 74 (September 1984), pp. 572–87.
Short, R.P., “The Role of Public Enterprises: An International Statistical Comparison,” in Public Enterprise in Mixed Economies: Some Macroeconomic Aspects, by Robert H. Floyd, Clive S. Gray, and R.P. Short (Washington: International Monetary Fund, 1984).
Vickers, John S., “Economics of Predatory Practices,” Fiscal Studies (Oxford), Vol. 6 (August 1985), pp. 24–36.
Vickers, John S., and George K. Yarrow, Privatization and the Natural Monopolies (London: Public Policy Centre, 1985).
Yarrow, George K., “Privatization in Theory and Practice,” Economic Policy: A European Forum (Cambridge, United Kingdom), Vol. 1 (April 1986), pp. 323–64.
International Monetary Fund Copyright © 2010-2021. All Rights Reserved.