Government, Industry and Privatisation
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Government, Industry and Privatisation
Full Table of Contents
List of Figures
List of Tables
How to Use This Course
1 The Bargaining Economy
2 Structure and Growth in Government
3 Regulation (1): Competition Policy
4 Regulation (2): Environmental Policy
5 Government Purchasing
6 Government Control of Private Industry: Subsidies
7 The Government as Producer (1): Non-marketed Output
8 The Government as Producer (2): Marketed Output of Public Enterprises
9 Privatisation and Deregulation
Appendix 1 Answers to Review Questions
Appendix 2 Practice Final Examinations
Index
List of Figures
Figure 1.1 Simple supply and demand diagram
Figure 1.2 Modified flow diagram
Figure 3.1 Efficiency losses and monopoly
Figure 3.2 Natural monopoly with diminishing returns
Figure 3.3 The effect of rate of return regulation
Figure 3.4 The efficiency gain from price regulation
Figure 4.1 External costs
Figure 4.2 Cost savings from departing from a uniform emission standard
Figure 5.1 Bargaining between government and firm
Figure 6.1 Bargaining over marginal output subsidies
Figure 7.1 Bureaucracy as a monopoly supplier
Figure 7.2 The budget maximising bureau
Figure 7.3 Price elasticity of demand and the demand curve
Figure 8.1 Marginal cost pricing implies a financial loss with declining average cost
Figure A1.1 The operation of a quota
Figure A1.2 Constraints on government–firm agreements
Figure A1.3 The effects of a tariff on imports
Figure A1.4 A monopoly bureau facing differing cost conditions
Figure A1.5 Productive versus technical efficiency gains
Figure A2.1 Bureaucracy and monopoly again
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