Download or read book Public Enterprise Economics written by Dieter Bös and published by Elsevier. This book was released on 2014-07-15 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Textbooks in Economics, Volume 23: Public Enterprise Economics: Theory and Application focuses on economics, mathematical economics, and econometrics, including microeconomics, marginal-cost pricing, taxes, and income effects. The manuscript takes a look at the essential parts of public sector pricing models, normative optimum theory, and normative piecemeal theory. Discussions focus on welfare improvements with non-tight constraints, welfare -improving increases of public inefficiency, conditions for optimal prices and quantities, compensating for income effects, and conditions for optimal quality. The book then ponders on marginal-cost pricing, Ramsey pricing, rate of return regulation, and pricing with distributional aims. Topics include comparing distributional and allocative pricing, prices versus taxes, optimum Ramsey policy, influence of Ramsey prices on allocation, distribution, and stabilization, and consequences for allocation, distribution, and stabilization. The publication examines bus and underground services in London, economic theory and empirical analysis, and different approaches towards optimal quality, including empirical studies on bus and underground demand, organizational and political history, and microeconomics of the representative consumer. The book is a valuable source of data for researchers interested in public enterprise economics.

Download or read book Economic Theory of Public Enterprise written by D. Bös and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Analysis and Public Enterprises written by Ralph Turvey and published by Routledge. This book was released on 2019-02-12 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Public Enterprise and Local Place written by John Fenwick and published by Routledge. This book was released on 2019-06-25 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the key interactions in local government and public enterprise, drawing together the challenges for local governance in the practice of public entrepreneurship and its response to collaboration, place and place making. Specifically, this book includes the impact of local partnerships and public entrepreneurs in local policy implementation. It is written by established authors bringing together their experience and practice of local partnerships and public entrepreneurship in place-based strategies, and will be of value to local government, new forms of enterprise partnerships, wider agencies and public entrepreneurship scholars as well as policymakers responsible for implementation of place-based regeneration. This text will be of key interest to students, scholars and practitioners in public administration, business administration, local government, entrepreneurship, public sector management and more broadly to those with interests in public policy, business and management, political science, economics, urban studies and geography.

Download or read book Public Enterprise Economics written by Ray Rees and published by Weidenfeld & Nicolson. This book was released on 1984 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Pricing and Price Regulation written by D. Bös and published by Elsevier. This book was released on 2015-12-04 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This clear, precisely written text presents an important branch of the modern, micro-economically based theory of industrial organization and of public finance, utilizing calculus only. Answers are provided to some pertinent economic questions, such as the pricing policies of vote-seeking politicians, of empire-building bureaucrats and of out-put-maximizing and energy-saving public utilities. These policies are compared with the welfare economic benchmark rules e.g. on marginal cost pricing and Ramsey pricing. Great significance is attached to price regulation. The book elucidates the recent replacement of rate of return regulation by price-cap regulation. It also explains why many simple rules like yardstick regulation fail to achieve optimal prices, which shows how complicated it is to induce managers to truthfully reveal their private information. How this can be achieved properly is shown in various principal-agent models on regulation with uncertain costs, uncertain demand and with soft budget constraints.

Download or read book The Economics of Public Enterprise written by V. V. Ramanadham and published by Routledge. This book was released on 2019-02-11 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Fiscal Sociology and the Theory of Public Finance written by Richard E. Wagner and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rejecting conventional approaches, the author offers a view of public finance as one element of a broader scheme of social theorizing. The book assumes a working knowledge of the standard conceptual framework within which the theory of public finance is commonly presented.

Download or read book Public Enterprise in Less Developed Countries written by Leroy P. Jones and published by Cambridge University Press. This book was released on 2010-08-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Encyclopedia of Public Choice written by Charles Rowley and published by Springer Science & Business Media. This book was released on 2004-07-06 with total page 1142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Encyclopedia provides a detailed and comprehensive account of the subject known as public choice. However, the title would not convey suf- ciently the breadth of the Encyclopedia’s contents which can be summarized better as the fruitful interchange of economics, political science and moral philosophy on the basis of an image of man as a purposive and responsible actor who pursues his own objectives as efficiently as possible. This fruitful interchange between the fields outlined above existed during the late eighteenth century during the brief period of the Scottish Enlightenment when such great scholars as David Hume, Adam Ferguson and Adam Smith contributed to all these fields, and more. However, as intell- tual specialization gradually replaced broad-based scholarship from the m- nineteenth century onwards, it became increasingly rare to find a scholar making major contributions to more than one. Once Alfred Marshall defined economics in neoclassical terms, as a n- row positive discipline, the link between economics, political science and moral philosophy was all but severed and economists redefined their role into that of ‘the humble dentist’ providing technical economic information as inputs to improve the performance of impartial, benevolent and omniscient governments in their attempts to promote the public interest. This indeed was the dominant view within an economics profession that had become besotted by the economics of John Maynard Keynes and Paul Samuelson immediately following the end of the Second World War.

Download or read book The Theory of Competitive Price written by George Joseph Stigler and published by . This book was released on 1946 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Studies in the Management of Government Enterprise written by R.J. Horn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The six studies in this volume represent investigations into aspects of the management of government enterprise. For the most part the concern is with those governmental units or agencies that provide products having nongovernmental counterparts. In each case the enterprise is taken as given, and there is no attempt to justify the participation of government in the production of goods. Instead, these studies attempt to define the positions and the functions of the decision makers, to evaluate product and pricing decisions and to specify appropriate mechanisms for providing the adequate and timely information required for efficient control. The first two studies examine the managerial role. James Suarez defines an enviornment in which the typical public or private sector classification does not apply. Given the monopsonistic position of the government in the armaments market, many managerial marketing decisions are not available to private firms. Thus the objectives of the participants in this market appear to be confounded. Suarez investigates this interdependent relationship. 8 STUDIES IN THE MANAGEMENT OF GOVERNMENT ENTERPRISE In "A First Approach to the Economic Theory of College Management," Barry Bressler addresses the problem of resource allocation within the college establishment. Bressler draws on utility theory to define the manager's objective function and on the imposed budget reductions suffered by units of the City University of New York to suggest some of the implications of this managerial construct. The third and fourth papers concentrate on the products of two government enterprises.

Download or read book The Economics of Business Enterprise written by Martin J. Ricketts and published by Edward Elgar Publishing. This book was released on 2002 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a tutorial for practitioners and researchers, and textbook for students of business or economics, Ricketts (economic organization and international studies, U. of Buckingham) sets out the economic theory underlying business enterprises. He focuses on exchange, information and the difficulties of transactions among people who can never be fully informed. The first edition appeared in 1987; no date is noted for the second. The third discusses the implications of the theory of economic organization for public policy, and adds more material on the theory of property rights. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book Stakeholder Capitalism written by Klaus Schwab and published by John Wiley & Sons. This book was released on 2021-01-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

Download or read book Governing the Market written by Robert Wade and published by Princeton University Press. This book was released on 2018-06-05 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published originally in 1990 to critical acclaim, Robert Wade's Governing the Market quickly established itself as a standard in contemporary political economy. In it, Wade challenged claims both of those who saw the East Asian story as a vindication of free market principles and of those who attributed the success of Taiwan and other countries to government intervention. Instead, Wade turned attention to the way allocation decisions were divided between markets and public administration and the synergy between them. Now, in a new introduction to this paperback edition, Wade reviews the debate about industrial policy in East and Southeast Asia and chronicles the changing fortunes of these economies over the 1990s. He extends the original argument to explain the boom of the first half of the decade and the crash of the second, stressing the links between corporations, banks, governments, international capital markets, and the International Monetary Fund. From this, Wade goes on to outline a new agenda for national and international development policy.

Download or read book The Performance of Public Enterprises written by International Centre of Research and Information on Public and Cooperative Economy and published by 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. This book was released on 1984 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Goods Public Enterprise Public Choice written by Lionel Orchard and published by Springer. This book was released on 2016-07-27 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'A brilliant critical and fresh look at the public choice school of thought.' - Paul Streeten This book challenges theories of public goods, public enterprise and public choice on three fronts. Government action reflects wider interests and commitments than just the material self-interest assumed as primary by the three theories. Government contributes to the productivity and quality of the modern mixed economy in ways not captured by theories stressing the inherent superiority of private markets. Lastly, old and new ideas within established traditions of political thought justify government action beyond the libertarian argument for limited government.