Public Utilities: Privatization without Regulation

[img]
Preview
PDF
Language: English
182Kb
Title:Public Utilities: Privatization without Regulation
Creators:
Tarola, Ornella
Journal or Publication Title:
AUCO Czech Economic Review, 4, 1, pp. 62-79
Uncontrolled Keywords:Privatization, public utilities, dynamic programming

Abstract

In the last decades, transitional countries of Central and Eastern Europe have engaged in strong privatization programs of public utilities. However, a large part of them did not meet legal and economic conditions needed for a market economy to take place. In this paper, we study how a firm producing a public utility and moving from a public ownership to privatization and thus adopting a profit-maximizing criterion defines its production plans, when an appropriate regulatory environment is still lacking.

Official URL: http://www.ceeol.com/aspx/issuedetails.aspx?issueid=F3AA04BB-F486-42D9-9512-1CB4DEC63BAD&articleid=6FD70C73-C86E-4117-A41B-BBA3CE3AB27E

Title:Public Utilities: Privatization without Regulation
Creators:
Tarola, Ornella
Uncontrolled Keywords:Privatization, public utilities, dynamic programming
Subjects:H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HF Commerce
Divisions:Section of external journals > AUCO Czech Economic Review
Journal or Publication Title:AUCO Czech Economic Review
Volume:4
Number:1
Page Range:pp. 62-79
ISSN:1802-4696
Publisher:Charles University
Related URLs:
URLURL Type
http://auco.cuni.czPublisher
http://avi.lib.cas.cz/node/183Publisher
ID Code:5441
Item Type:Article
Deposited On:13 May 2010 17:15
Last Modified:13 May 2010 15:15

Citation

Tarola, Ornella (2010) Public Utilities: Privatization without Regulation. AUCO Czech Economic Review, 4 (1). pp. 62-79. ISSN 1802-4696

Repository Staff Only: item control page