| アイテムタイプ |
デフォルトアイテムタイプ(フル)その2(1) |
| 公開日 |
2017-05-20 |
| タイトル |
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|
タイトル |
Limits to Policy Reversal: Privatization in India |
|
言語 |
en |
| 作成者 |
Dastidar, Siddhartha G.
Fisman, Raymond
Khanna, Tarun
|
| 寄与者 |
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寄与者タイプ |
Editor |
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|
姓名 |
社会科学における統計分析拠点構築 = Research Unit for Statistical Analysis in Social Sciences |
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言語 |
en |
| アクセス権 |
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|
アクセス権 |
open access |
|
アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 内容記述 |
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内容記述タイプ |
Other |
|
内容記述 |
August 11, 2005 |
|
言語 |
en |
| 内容記述 |
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|
内容記述タイプ |
Abstract |
|
内容記述 |
We examine the effect of regime change on privatization using the 2004 election surprise in India. In that election, the pro-reform BJP was un-expectedly defeated by a less reformist coalition. Government controlled companies that were being studied for complete privatization by the BJP dropped by 7.5 percent relative to private firms. By contrast, government controlled firms that were not being considered for privatization, or firms that had already been fully privatized firms, did not experience significant drop relative to private firms. Firms that the BJP had slated for definite future privatization experienced intermediate declines of approximately 3.5 percent. We interpret this as evidence consistent with investor belief of policy irreversibility in privatization, where reforms may reach a 'point of no return' beyond which future regimes have difficulty reversing those policies. Taking advantage of an 'intermediate' event where policies were expected to be more heavily influenced by the communist party, we still find evidence consistent with policy irreversibility. |
| 出版者 |
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出版者 |
Institute of Economic Research, Hitotsubashi University |
| 日付 |
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|
日付 |
2006-03 |
|
日付タイプ |
Issued |
| 言語 |
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|
言語 |
eng |
| 資源タイプ |
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資源タイプ識別子 |
http://purl.org/coar/resource_type/c_18gh |
|
資源タイプ |
technical report |
| 出版タイプ |
|
|
出版タイプ |
VoR |
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出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 関連情報 |
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関連タイプ |
isPartOf |
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関連名称 |
Hi-Stat Discussion paper series ; No. d05-158 |
| 関連情報 |
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|
識別子タイプ |
URI |
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|
関連識別子 |
http://21coe.ier.hit-u.ac.jp/english/index.html |
| ページ数 |
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|
ページ数 |
22 |
| Sponsorship |
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|
値 |
21世紀COEプログラム = 21st-Century COE Program |