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Welfare consequences of selling public enterprises:an empirical analysis.

By: Galal, Ahmed; Jones, Leroy.
Material type: materialTypeLabelBookPublisher: Oxford : University Press, 1994Subject(s): Privatization | Public enterprises -- Public ownership -- Welfare economics//economic policy/. -- Public enterprises -- Public ownership -- Welfare economics//economic policy/. -- Public enterprises -- Public ownership -- Welfare economics//economic policySummary: This study identifies the winners and losers from divestiture and estimates gains and losses of sellers, buyers, consumers, workers, and competitors. The study finds that in all but one case, divestiture provided net welfare gains and that in no case did workers lose out.
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This study identifies the winners and losers from divestiture and estimates gains and losses of sellers, buyers, consumers, workers, and competitors. The study finds that in all but one case, divestiture provided net welfare gains and that in no case did workers lose out.

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