Can cost asymmetry be a rationale for privatisation?
(2013)
Journal Article
Mukherjee, A., & Sinha, U. B. (2014). Can cost asymmetry be a rationale for privatisation?. International Review of Economics and Finance, 29, 497-503. https://doi.org/10.1016/j.iref.2013.07.010
Cost asymmetries between the public and the private firms create a rationale for privatising the public firms. We show that this argument is restrictive, since it does not allow for other ways of reducing production inefficiency, which creates the mo... Read More about Can cost asymmetry be a rationale for privatisation?.