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What Does It Mean and Why to Look for NationalizationPrivatization Cycles?
Why Should There Be NationalizationPrivatization Cycles?
approach Backhaus Brus Chua Chua's costs of taxation Cyclical features Cyclical idea developing countries different indicators discount factors Eastern Europe electoral cycle empirical evidence Empirical support ethnic majority example exogenous explaining NPCs explanatory variables factors Factors of production firm sector former communist countries Giersch Hirschman ideological preference hypothesis iiin indicator for NPCs Juni KIEL WORKING PAPERS Latin American Latin American countries marginal marginal cost market socialism minorities modern efficiency hypothesis monopolies nationalization and privatization nationalization or privatization natural monopolies nn,n nniii ownership and wealth ownership changes Party period policy instruments political cycle hypothesis political market political power private firms private happiness privatization or nationalization pro-nationalization policies pro-privatization policies property rights public-private frontier pursuing redistribution Rosa Model Rosa's set of preferences Southeast Asian countries Soviet Union Table A2 theory traditional efficiency hypothesis transaction costs trend turning points University Press value added Vg/Vp Western European countries