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Privatization in Austria: Some Theoretical Reasons and First Results About the Privatization Proceeds

By Ansgar Belke and Friedrich Schneider

Abstract

Austria, partisan approach, privatization, state-owned enterprises, public choice

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  2. (1999). A further comprehensive and informative source of the history of privatization in Austria is Clemenz
  3. (2003). Abdolkarim Sadrieh
  4. (2003). also left-wing governments embark on privatization but mostly when fiscal conditions deteriorate (see, e.g., Italy). See Bortolotti and Pinotti
  5. (1999). among others, Clemenz
  6. (1999). and Nowotny
  7. (1991). and Schneider
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  9. Average price reduction period 1996-2001.
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  12. (1999). Communist Party of Austria
  13. (2001). Compare also Bortolotti, Fantini and Siniscalco
  14. (1996). Compare the study by Boes and Schneider
  15. (2003). Corporate Tax Policy, Foreign Firm Ownership and Thin Capitalization,
  16. Creating Firms for a New Century: Determinants of Firm Creation around
  17. (2003). David le Blanc and Isabelle Robert-Bobée, Female Labor Supply and Child Care in France,
  18. (2003). Decentralising Wage Bargaining in Germany – A Way to Increase Employment?,
  19. (2003). Decentralized Taxation and the Size of Government: Evidence from Swiss State and Local Governments,
  20. (2004). Determinants of Country Beta Risk in Poland,
  21. (2004). Educating Europe,
  22. (2003). Employment and Taxes,
  23. (2003). employment losses often appear to be widely exaggerated. For instance, the Communist Party of Austria
  24. (2003). Endogenous Wage Rigidity,
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  31. (1999). for instance,
  32. (2000). for instance, Aiginger in Austrian Parliament
  33. (2003). From Public Monopsony to Competitive Market. More Efficiency but Higher Prices,
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  36. (2004). Have a Break, Have a … National Currency: When Do Monetary Unions Fall Apart?,
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  48. Own calculations based on an econometrically estimated simulation model.
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  51. (2003). Piracy of Digital Products: A Critical Review of the Economics Literature,
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  53. (2004). Privatization in Austria: Some Theoretical Reasons and First Results About the Privatization Proceeds,
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  56. (1999). See among others Aiginger
  57. (2000). See Clemenz in Austrian Parliament
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  61. (2003). Sports League Expansion and Economic Efficiency: Monopoly Can Enhance Consumer Welfare,
  62. (2003). State Intervention on the Market for Natural Damage Insurance in Europe,
  63. Structural Reforms and the Enlargement of Monetary
  64. (1999). Surveys of the privatization literature is provided in Megginson and Netter
  65. (2003). Tax Progressivity and Tax Evasion,
  66. (2003). Taxes and Venture Capital Support,
  67. (2002). The Austrian type of Keynesian policy used the public enterprises and state owned firms for such purposes quite successfully over the period 1971-1986.
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  69. (2004). The Effect of Internet Piracy on CD Sales: CrossSection Evidence,
  70. (1961). The first approach has been developed by Alchian
  71. (2003). The Hayek Pension: An efficient minimum pension to complement the welfare state,
  72. (2004). The Impact of Competition on Bank Orientation and Specialization,
  73. (2003). The Role of Direct Democracy in the European Union,
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  77. (1997). This question has already been raised by Aiginger
  78. (2003). This should be done by means of syndicates with industrial partners, banks, insurance companies, pension funds, severance pay funds, investment funds, etc.
  79. (1999). This view is also totally consistent with the remarkable change of positions of the Freedom party, which became determined anti-European, after being the sole supporter of Austrian ECmembership for a long time, see Clemenz,
  80. This was especially the case in Austria.
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  84. (2003). Using Taylor Rules to Understand ECB Monetary Policy,
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  86. (2003). Voting and Nonlinear Taxes in a Stylized Representative Democracy,
  87. Wealth Transfer Taxation: A Survey,
  88. (2003). Why are Small Firms Different? Managers’ Views,
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