Three Papers on Liberalization Policies in Developing and Transition Countries
Bang, James Thomas
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https://hdl.handle.net/2142/85561
Description
Title
Three Papers on Liberalization Policies in Developing and Transition Countries
Author(s)
Bang, James Thomas
Issue Date
2005
Doctoral Committee Chair(s)
Esfahani, Hadi S.
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, General
Language
eng
Abstract
"The role of institutions in the method of privatization. The final paper of the dissertation discusses the possible reasons that governments might choose ""inefficient"" methods of privatization. An application of a political economy model suggests that both altruistic and budget-maximizing politicians tend towards auctions more than politicians that are captured by special interests. Nonparametric classification-tree and means analysis of privatization decisions in the telecommunications industry in developing countries suggests that deeper financial markets and government deficits help constrain political temptation to bargain with insiders."
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