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Author: Ralph Turvey Publisher: Routledge ISBN: 0429576498 Category : Business & Economics Languages : en Pages : 192
Book Description
Originally published in 1971, this is a rigorous analysis of the economic aspects of the efficiency of public enterprises at the time. The author first restates and extends the relevant parts of welfare economics, and then illustrates its application to particular cases, drawing on the work of the National Board for Prices and Incomes, of which he was Deputy Chairman. The analysis is developed stage by stage, with the emphasis on applicability and ease of comprehension, rather than on generality or mathematical elegance. Financial performance, the second-best, the optimal degree of complexity of price structures and problems of optimal quality are first discussed in a static framework. Time is next introduced, leading to a marginal cost concept derived from a multi-period optimizing model. The analysis is then related to urban transport, shipping, gas and coal. This is likely to become a standard work of more general scope than the authors earlier book on electricity supply. It rests, however, on a similar combination of economic theory and high-level experience of the real problems of public enterprises.
Author: Ralph Turvey Publisher: Routledge ISBN: 0429576498 Category : Business & Economics Languages : en Pages : 192
Book Description
Originally published in 1971, this is a rigorous analysis of the economic aspects of the efficiency of public enterprises at the time. The author first restates and extends the relevant parts of welfare economics, and then illustrates its application to particular cases, drawing on the work of the National Board for Prices and Incomes, of which he was Deputy Chairman. The analysis is developed stage by stage, with the emphasis on applicability and ease of comprehension, rather than on generality or mathematical elegance. Financial performance, the second-best, the optimal degree of complexity of price structures and problems of optimal quality are first discussed in a static framework. Time is next introduced, leading to a marginal cost concept derived from a multi-period optimizing model. The analysis is then related to urban transport, shipping, gas and coal. This is likely to become a standard work of more general scope than the authors earlier book on electricity supply. It rests, however, on a similar combination of economic theory and high-level experience of the real problems of public enterprises.
Author: National Research Council Publisher: National Academies Press ISBN: 0309061350 Category : Political Science Languages : en Pages : 41
Book Description
This report had its origin in a Committee on National Statistics workshop in November 1993, one of a series on improving economic statistics, jointly sponsored by the Bureau of Economic Analysis (BEA) and the Bureau of the Census of the U.S. Department of Commerce. The focus of the workshop was on revising the presentation of the government sector in the U.S. economic accounts to bring it more into line with the international System of National Accounts (SNA) and current data collection capability, to enhance information about the public sector, and to make the U.S. accounts more comparable to those of other countries.
Author: V. V. Ramanadham Publisher: Routledge ISBN: 042957813X Category : Business & Economics Languages : en Pages : 486
Book Description
Public enterprises have played a central part in the development of all mixed economies in the post-war period, but they are now in a crisis phase. Privatisation has pushed back the level of public enterprise almost throughout the world. Where public enterprises remain, they are being brought under significant reforms. Originally published in 1991, this book presents a comprehensive critique of public enterprise, analysing why its performance has fallen far short of expectations. Part one is concerned with the establishment of public enterprises: the case for them, the circumstances in which they emerged, the extra enterprise objectives attached to them, and the decisions on their investment feasibility and capital structure. Part two looks at the working of public enterprises: the state of their financial performance, the peculiarities of pricing, the determination of targets which they should meet, the continuous monitoring and evaluation of their operations. Macro concerns are the focus of Part three. Among the issues addressed are the level of indirect taxation and subsidisation implicit in the pricing structures of public enterprises, the links between public enterprise and the public exchequer and the implications of their operations for distributional equity. In Part four the extent to which privatisation can solve the problems of public enterprise is discussed. The book ends with some broad conclusions on the future of public enterprise. Throughout, the approach is analytical, but the arguments are supported by extensive examples from both developed and developing economies.
Author: John Vickers Publisher: MIT Press ISBN: 9780262720113 Category : Business & Economics Languages : en Pages : 476
Book Description
The process of selling assests and enterprises to the private sector raises questions about natural monopolies, the efficiency and equity of state-owned versus privately owned enterprises, and industrial policy. This comprehensive analysis of the British privatization program explores these questions both theoretically and empirically.
Author: Leroy P. Jones Publisher: Cambridge University Press ISBN: 9780521102919 Category : Business & Economics Languages : en Pages : 0
Book Description
This volume consists of papers chosen from the Boston Area Public Enterprise Group Conference that was held in 1980 and concentrated on public enterprises in less-developed countries. The Boston Area Public Enterprise Group is composed of scholars dedicated to understanding the public enterprises operating in the world's mixed economies. Public enterprises are government-owned firms that sell goods or services in a market. Involved in public production for private consumption, they are a hybrid of government and private enterprise. Thus, an analysis of public enterprise requires insights from economics, management, political science and law. Each of these disciplines is represented in addressing the following questions: Why public enterprise? Who should control public enterprise? How are decisions made in practice? How do public enterprises behave in international markets? How does risk and uncertainty alter public enterprise decisions'? How are incentive structures to be designed'? How do public enterprises compare with other public policy tools for dealing with particular problems'? The contributions combine theory and practice in analysing a variety of less-developed countries.
Author: International Centre of Research and Information on Public and Cooperative Economy Publisher: Amsterdam ; New York : North-Holland ; New York, N.Y., U.S.A. : Sole distributors for the U.S.A. and Canada, Elsevier Science Publishing Company ISBN: Category : Business & Economics Languages : en Pages : 316
Author: Ralph Turvey
Author: Ralph Turvey
Author: Ray Rees
Author: William G. Shepherd
Author: Robert H. Haveman
Author: National Research Council
Author: United States. Congress. Economic Joint Committee
Author: V. V. Ramanadham
Author: John Vickers
Author: Leroy P. Jones
Author: International Centre of Research and Information on Public and Cooperative Economy