Because of differences in institutional arrangements, public service markets, and national traditions regarding government intervention, local public service provision can vary greatly. In this paper we compare the procedures adopted by the local governments of The Netherlands and Spain in arranging for the provision of solid waste collection. We find that Spain faces a problem of consolidation...

This study examined the knowledge and perception of farmers regarding privatization and commercialization of agricultural extension services in Delta State, Nigeria. A sample size of 90 farmers in contact with extension agents was randomly selected for the study. Data for the study was collected through the use of a validated structured interview schedule. Both descriptive and inferential stati...

To rationalize the size of government, Act on adjusting a part of government’s financial rules is approved and the government is obliged to assign a part of its activities through (1) services by nonpublic sector, (2) partnership with nonpublic sector, and (3) assigning the management to nonpublic sector. There are many barriers in executing this law. The present study derived from a field stud...

Using the high-power setting of newly privatized firms from 64 countries, we examine the relationship between ownership type and firm-level capital allocations as captured by investment sensitivity to stock price. Consistent with our predictions that government and foreign institutional owners are associated with different levels of information asymmetry and agency problems, we find strong and ...

THE ROLE OF THE PRIVATE SECTOR in the production of road services has been extensively studied and has generated substantial theoretical and empirical work (Block 2006; Carnis 2006; Roth 2006). There is debate as to the modalities of privatisation (Block 2006; Carnis 2003; Hoppe 1991) and the functioning of a market system for the providing of road services (Carnis 2001; Roth 1996; Block 1979)....

Economic theory traditionally supports the viewpoint that government ownership is inefficient and that privatization invariably leads to efficiency improvements. However, there is often frequent opposition to privatization activity because it is difficult to examine and empirically validate the effects of privatization. This is the first study to examine the impact of the privatization of posta...

Network industries are often organized as vertically integrated public monopolies. Recent trends indicate the participation of the private sector. Developing and transition economies need to establish adequate regulatory policies and institutions to provide incentives for private sector participation and to protect public interests. New regulatory policies entail the creation of market competit...