Please use this identifier to cite or link to this item:
Title: Privatization policies by national and regional governments
Author: Martínez-Sánchez, Francisco
Keywords: Privatització
Política regional
Sector públic
Economic zoning
Public sector
Issue Date: 2013
Publisher: Universitat de Barcelona. Facultat d'Economia i Empresa. Economia i territori. Càtedra Pasqual Maragall
Series/Report no: [WP E-CPM13/03]
Abstract: In order to analyze the privatization policies undertaken by the national and regional governments, we consider a horizontal differentiation model with price competition in which a country consists of two regions of different sizes. We show that public-sector intervention by either the national or regional government is essential for achieving the social optimum, because a private duopoly does not achieve the social optimum. However, not all public interventions in firms are better than the private duopoly. On the other hand, the preferences of consumers and firms about privatization policy are completely opposite. Finally, the privatization policies of regional governments are completely opposite from one region to the other, and do not coincide with that of the national government. Overall, this paper shows that the relative size of regions is an important feature in the design of the privatization policies implemented by national and regional governments.
Note: Reproducció del document publicat a:
It is part of: Càtedra Pasqual Maragall d'Economia i Territori – Documents de treball, WP 03/2013
Appears in Collections:Documents de Treball (Càtedra Pasqual Maragall d'Economia i Territori)

Files in This Item:
File Description SizeFormat 
PMM13-03_MartinezSanchez.pdf521.12 kBAdobe PDFView/Open

This item is licensed under a Creative Commons License Creative Commons