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Towards the Theory of Privatization

Author

Listed:
  • Polterovich, Victor
Abstract
An attempt is made to define main problems of the privatization theory and to present a survey of some results in this area. Two models are discussed that demonstrate paradoxical consequences of property right restrictions and dynamics of property right redistribution which entails a stratification of society. Two ways of transition from centralized to a market system (through privatization and through price liberalization processes) are compared in frameworks of a mixed economy model with queues. Relations between theoretical conclusions and real issues of the Russian privatization are discussed as well.

Suggested Citation

  • Polterovich, Victor, 1995. "Towards the Theory of Privatization," MPRA Paper 20151, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:20151
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    File URL: https://mpra.ub.uni-muenchen.de/20151/1/MPRA_paper_20151.pdf
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    Citations

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    Cited by:

    1. Polterovich, Victor, 1999. "На Пути К Новой Теории Реформ [Towards a New Theory of Reform]," MPRA Paper 22035, University Library of Munich, Germany.
    2. Polterovich, Victor, 2013. "Приватизация И Рациональная Структура Собственности. Часть 2. Рационализация Структуры Собственности [Privatization and the rational ownership structure. Part 2: rationalization of the ownership st," MPRA Paper 64374, University Library of Munich, Germany.
    3. Polterovich, Victor, 1999. "Institutional Traps and Transition," MPRA Paper 20126, University Library of Munich, Germany.
    4. Полтерович В.М., 1999. "Институциональные Ловушки И Экономические Реформы," Журнал Экономика и математические методы (ЭММ), Центральный Экономико-Математический Институт (ЦЭМИ), vol. 35(2), апрель.
    5. Polterovich (Полтерович), Victor (Виктор), 2013. "Приватизация И Рациональная Структура Собственности. Часть 2. Рационализация Структуры Собственности [Privatization and the rational ownership structure. Part 2: rationalization of the ownership st," MPRA Paper 64168, University Library of Munich, Germany.
    6. Polterovich, Victor, 2012. "Приватизация и рациональная структура собственности (Privatizatsiya i ratsional’naya struktura sobstvennosti) [Privatization and the Rational Ownership Structure]," MPRA Paper 41069, University Library of Munich, Germany.

    More about this item

    Keywords

    privatization; privatization theory; transition; Russia;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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