Privatization and economic performance throughout the UK business cycle

Article Abstract:

The UK government's policy of privatizing government enterprises is based on the premise that private ownership results in more economic efficiency and that competition is more economically advantageous than monopoly. This premise was tested by applying two ratios on the performance of 11 firms privatized in the 1980s. The ratios were profitability and value-added productivity per employee. The data examined indicates that the privatization of the firms did not result in greater efficiency and that increase of value-added declined after privatization.

United Kingdom, Research, Corporations, Industrial productivity, Corporations, British

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The impact of privatization and regulation on the water and sewerage industry in England and Wales: a translog cost function model

Article Abstract:

Research examining the cost changes in the Water and Sewerage Companies in England and Wales after their privatization in 1989 is presented. Particular attention is given to developing a model for the function of translog multiple output cost for the period between 1985 and 1999.

Water Utilities, Wales, Models, Sewage disposal plants, Administrative law, Cost (Economics), Costs (Economics)

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Domestic Regulation and the WTO: The Case of Water Services in Developing Countries

Article Abstract:

Evidence is presented supporting a cautious approach to private sector involvement in water supply services, using an evaluation of World Trade Organization General Agreement on Trade in Services and national regulatory resources and autonomy in developing countries.

Water Supply & Use, Government domestic functions, Management dynamics, Administration of Air and Water Resource and Solid Waste Management Programs, Water Supply, Developing Countries, Water Supply Projects, Management, International aspects, World Trade Organization, Water-supply, Company business management, Natural resource policy

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