The Phenomenon of Privatization: A Comparative Analysis

Posted: 23 Aug 2013

See all articles by Ginka Borisova

Ginka Borisova

Iowa State University - Department of Finance

Matthew Ingram

Independent

William L. Megginson

University of Oklahoma

Date Written: December 17, 2008

Abstract

This paper investigates the effect of privatization on a world-wide basis. Our analysis presents empirical findings, both favourable and unfavourable, of studies examining privatization. The exposition emphasizes the political and economic significance of the privatization process and the set of decisions that privatizing governments face. In addition, three pairs of empirical studies are analyzed in detail. These studies are comparable in terms of the period covered, the type of countries analyzed, and the issues investigated; however, they still yield divergent results regarding the impact of privatization. The current paper draws attention to the fact that caution needs to be used when defining variables and experimental settings.

Suggested Citation

Borisova, Ginka and Ingram, Matthew and Megginson, William L., The Phenomenon of Privatization: A Comparative Analysis (December 17, 2008). Journal of Comparative Policy Analysis, Vol. 10, No. 4, 2008, pp. 445-462. Available at SSRN: https://ssrn.com/abstract=2314746

Ginka Borisova (Contact Author)

Iowa State University - Department of Finance ( email )

College of Business
Ames, IA 50011-2063
United States

Matthew Ingram

Independent ( email )

No Address Available

William L. Megginson

University of Oklahoma ( email )

307 W Brooks, 205A Adams Hall
Norman, OK 73019
United States
(405) 325-2058 (Phone)
(405) 325-1957 (Fax)

HOME PAGE: http://faculty-staff.ou.edu/M/William.L.Megginson-

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