Essays in Political Economy and Public Policy

The third essay surveys the two prominent, theories that purport to explain the extent of public ownership. It then develops a model that puts these two theories into a common framework. The model is tested with a cross-country panel dataset. The results show that deficiencies in commitment and greater political pressure for control of employment are associated with larger public enterprise sectors. I also find that a higher opportunity cost of public funds tends to reduce the extent of state ownership except when commitment capability and pressure for employment control are low.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Toossi Ardakani, Ali

Contributors dc:contributor

• Conley, John P.

• Economics, Commerce-Business

Language dc:language

eng

Identifier

(MiAaPQ)AAI3070459

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/85528