Effect of Privatizations on Poverty: A Cross-Country Evidence
Abstract
Privatization policies are quite controversial.
But the academic studies regarding the effect of privatization mostly focus on
the firm level performance impacts and the aggregate financial and economic
impacts remained relatively untouched. The aim of this study is to contribute
to this policy gap by examining how privatization programs affect poverty
levels. Using a sample of 83 countries over the 1988-2007 period, our analyses
suggest that privatization implementations tend to reduce poverty rates.
Keywords
References
- Andersen. L.E., Nina, O., & Te Velde, D. W. (2004). Trade, FDI, Growth and Poverty in Bolivia. Institute for Advanced Development Studies Development Research Working Paper Series, 03.
- Bayliss, K. (2002). Privatization and Poverty: The Distributional Impact of Utility Privatization. Annals of Public and Cooperative Economics, 73(4), 603-625.
- Birdsall, N., & Nellis, J. (2003). Winners and Losers: Assessing the Distributional Impact of Privatization. World Development, 31(10), 1617-1633.
- Boubakri, N., & Cosset, J. C. (1998). The Financial And Operating Performance Of Newly Privatized Firms: Evidence from Developing Countries. The Journal of Finance, 53(3), 1081-1110.
- Cardoso, E. (1992). Inflation and Poverty. NBER Working Paper Series.
- Dagdeviren, H. (2006). Revisiting Privatization in the Context of Poverty Alleviation: The Case of Sudan. Journal of International Development: The Journal of the Development Studies Association, 18(4), 469-488.
- Dollar, D. (1992). Outward-oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976–1985 From Global Development Finance & World Development Indicators. Economic Development and Cultural Change, 40, 523–544.
- Easterly, W., & Fischer, S. (2001). Inflation and the Poor. Journal of Money, Credit and Banking, 33, 160-178.
Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Authors
Publication Date
December 15, 2018
Submission Date
August 10, 2018
Acceptance Date
September 4, 2018
Published in Issue
Year 2018 Volume: 6 Number: ICEESS’ 18