Privatization discontent and its determinants: evidence from Latin América
- Autores
- Carrera, Jorge Eduardo; Checci, Daniele; Florio, Massimo
- Año de publicación
- 2004
- Idioma
- inglés
- Tipo de recurso
- documento de conferencia
- Estado
- versión publicada
- Descripción
- While most economists usually believe that privatization policy is socially beneficial, it faces increasing opposition in several countries. In this paper we wish to discover the ingredients in a recipe for privatization discontent. To do so we focus on Latin America, where there is wide evidence of popular opposition to privatization. We use the results of Latinobarometro (2002), a survey of a representative sample of 18501 individuals in 17 countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral disaggregation, time profiles, proceeds, number of shares and other variables for each country. We use a set of macrovariables as controls, and test our prior beliefs on the determinants of policy failure in this area. Our main finding is that disagreement with privatization is more likely when the respondent is poor, privatization was large and quick, involved a high proportion of public services as water and electricity, and the country suffered adverse macroeconomic shocks in a condition of high disequality of incomes. Moreover, the more the respondent is educated, the more adverse to privatization he or she is. We suggest that these results depict a broadly consistent picture of privatization discontent that points to a combination of perceived distributional concerns that should be addressed by future research and policy design.
Mientras que la mayoría de los economistas piensa que las políticas de privatización son socialmente beneficiosas existe una creciente oposición en varios países. Este trabajo pretende descubrir los determinantes de ese descontento en Latinoamérica. Usamos una muestra de 18501 individuos en 17 países como variable dependiente de percepción y datos de los países sobre privatizaciones e indicadores macro. Nuestros resultados muestran que el desacuerdo con las privatizaciones es más probable cando el entrevistado es pobre, las privatizaciones fueron rápidas y masivas, incluyeron agua y electricidad, el país es muy desigual y sufrió shocks macro adversos. Cuanto más educado es el entrevistado mayor es su oposición a las privatizaciones. En general, la aversión está asociada con preocupaciones de los individuos acerca de la distribución del ingreso.
Facultad de Ciencias Económicas - Materia
-
Ciencias Económicas
Privatization
Latin America
Distributive impact
Panel Survey Data
Social Attitudes - Nivel de accesibilidad
- acceso abierto
- Condiciones de uso
- http://creativecommons.org/licenses/by-nc-sa/4.0/
- Repositorio
- Institución
- Universidad Nacional de La Plata
- OAI Identificador
- oai:sedici.unlp.edu.ar:10915/165122
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Privatization discontent and its determinants: evidence from Latin AméricaCarrera, Jorge EduardoChecci, DanieleFlorio, MassimoCiencias EconómicasPrivatizationLatin AmericaDistributive impactPanel Survey DataSocial AttitudesWhile most economists usually believe that privatization policy is socially beneficial, it faces increasing opposition in several countries. In this paper we wish to discover the ingredients in a recipe for privatization discontent. To do so we focus on Latin America, where there is wide evidence of popular opposition to privatization. We use the results of Latinobarometro (2002), a survey of a representative sample of 18501 individuals in 17 countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral disaggregation, time profiles, proceeds, number of shares and other variables for each country. We use a set of macrovariables as controls, and test our prior beliefs on the determinants of policy failure in this area. Our main finding is that disagreement with privatization is more likely when the respondent is poor, privatization was large and quick, involved a high proportion of public services as water and electricity, and the country suffered adverse macroeconomic shocks in a condition of high disequality of incomes. Moreover, the more the respondent is educated, the more adverse to privatization he or she is. We suggest that these results depict a broadly consistent picture of privatization discontent that points to a combination of perceived distributional concerns that should be addressed by future research and policy design.Mientras que la mayoría de los economistas piensa que las políticas de privatización son socialmente beneficiosas existe una creciente oposición en varios países. Este trabajo pretende descubrir los determinantes de ese descontento en Latinoamérica. Usamos una muestra de 18501 individuos en 17 países como variable dependiente de percepción y datos de los países sobre privatizaciones e indicadores macro. Nuestros resultados muestran que el desacuerdo con las privatizaciones es más probable cando el entrevistado es pobre, las privatizaciones fueron rápidas y masivas, incluyeron agua y electricidad, el país es muy desigual y sufrió shocks macro adversos. Cuanto más educado es el entrevistado mayor es su oposición a las privatizaciones. En general, la aversión está asociada con preocupaciones de los individuos acerca de la distribución del ingreso.Facultad de Ciencias Económicas2004-11info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionObjeto de conferenciahttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/165122enginfo:eu-repo/semantics/altIdentifier/url/https://bd.aaep.org.ar/anales/works/works2004/Carrera-Cecchi-Florio.pdfinfo:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-sa/4.0/Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-09-29T11:43:15Zoai:sedici.unlp.edu.ar:10915/165122Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-29 11:43:16.201SEDICI (UNLP) - Universidad Nacional de La Platafalse |
dc.title.none.fl_str_mv |
Privatization discontent and its determinants: evidence from Latin América |
title |
Privatization discontent and its determinants: evidence from Latin América |
spellingShingle |
Privatization discontent and its determinants: evidence from Latin América Carrera, Jorge Eduardo Ciencias Económicas Privatization Latin America Distributive impact Panel Survey Data Social Attitudes |
title_short |
Privatization discontent and its determinants: evidence from Latin América |
title_full |
Privatization discontent and its determinants: evidence from Latin América |
title_fullStr |
Privatization discontent and its determinants: evidence from Latin América |
title_full_unstemmed |
Privatization discontent and its determinants: evidence from Latin América |
title_sort |
Privatization discontent and its determinants: evidence from Latin América |
dc.creator.none.fl_str_mv |
Carrera, Jorge Eduardo Checci, Daniele Florio, Massimo |
author |
Carrera, Jorge Eduardo |
author_facet |
Carrera, Jorge Eduardo Checci, Daniele Florio, Massimo |
author_role |
author |
author2 |
Checci, Daniele Florio, Massimo |
author2_role |
author author |
dc.subject.none.fl_str_mv |
Ciencias Económicas Privatization Latin America Distributive impact Panel Survey Data Social Attitudes |
topic |
Ciencias Económicas Privatization Latin America Distributive impact Panel Survey Data Social Attitudes |
dc.description.none.fl_txt_mv |
While most economists usually believe that privatization policy is socially beneficial, it faces increasing opposition in several countries. In this paper we wish to discover the ingredients in a recipe for privatization discontent. To do so we focus on Latin America, where there is wide evidence of popular opposition to privatization. We use the results of Latinobarometro (2002), a survey of a representative sample of 18501 individuals in 17 countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral disaggregation, time profiles, proceeds, number of shares and other variables for each country. We use a set of macrovariables as controls, and test our prior beliefs on the determinants of policy failure in this area. Our main finding is that disagreement with privatization is more likely when the respondent is poor, privatization was large and quick, involved a high proportion of public services as water and electricity, and the country suffered adverse macroeconomic shocks in a condition of high disequality of incomes. Moreover, the more the respondent is educated, the more adverse to privatization he or she is. We suggest that these results depict a broadly consistent picture of privatization discontent that points to a combination of perceived distributional concerns that should be addressed by future research and policy design. Mientras que la mayoría de los economistas piensa que las políticas de privatización son socialmente beneficiosas existe una creciente oposición en varios países. Este trabajo pretende descubrir los determinantes de ese descontento en Latinoamérica. Usamos una muestra de 18501 individuos en 17 países como variable dependiente de percepción y datos de los países sobre privatizaciones e indicadores macro. Nuestros resultados muestran que el desacuerdo con las privatizaciones es más probable cando el entrevistado es pobre, las privatizaciones fueron rápidas y masivas, incluyeron agua y electricidad, el país es muy desigual y sufrió shocks macro adversos. Cuanto más educado es el entrevistado mayor es su oposición a las privatizaciones. En general, la aversión está asociada con preocupaciones de los individuos acerca de la distribución del ingreso. Facultad de Ciencias Económicas |
description |
While most economists usually believe that privatization policy is socially beneficial, it faces increasing opposition in several countries. In this paper we wish to discover the ingredients in a recipe for privatization discontent. To do so we focus on Latin America, where there is wide evidence of popular opposition to privatization. We use the results of Latinobarometro (2002), a survey of a representative sample of 18501 individuals in 17 countries as our dependent variable of perception, and a privatization dataset on the same countries, including sectoral disaggregation, time profiles, proceeds, number of shares and other variables for each country. We use a set of macrovariables as controls, and test our prior beliefs on the determinants of policy failure in this area. Our main finding is that disagreement with privatization is more likely when the respondent is poor, privatization was large and quick, involved a high proportion of public services as water and electricity, and the country suffered adverse macroeconomic shocks in a condition of high disequality of incomes. Moreover, the more the respondent is educated, the more adverse to privatization he or she is. We suggest that these results depict a broadly consistent picture of privatization discontent that points to a combination of perceived distributional concerns that should be addressed by future research and policy design. |
publishDate |
2004 |
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2004-11 |
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