Abstract
espanolSe construye un modelo de equilibrio general de tres sectores para investigar el efecto de la privatizacion de una empresa estatal en una economia en vias de desarrollo. La empresa publica que se enfrenta a la privatizacion posee una posicion monopolistica en el mercado de proveedores y ofrece un consumo intermedio esencial para el sector industrial. Despues de la privatizacion la empresa publica mejora su eficiencia. Los resultados indican que el grado de mejora en la eficiencia es determinante para cuantificar los efectos de la privatizacion y proporcionan una nueva perspectiva para el analisis de esta cuestion. Si la mejora de eficiencia es elevada la privatizacion disminuira el precio de los consumos intermedios y aumentara la produccion. Si la mejora de eficiencia es moderada la privatizacion aumentara la produccion industrial y agricola, asi como mejorara el bienestar social. EnglishA three-sector general equilibrium model is built to investigate how deepening privatization of an upstream state-owned enterprise (SOE) influences the whole economy in developing economy. The SOE, facing privatization, owns a monopolistic position in upstream market and offers an essential intermediate input for downstream manufacturing sector. After the privatization, the SOE improves its efficiency. We conclude the efficiency-enhancing effect is crucial for determining the impacts of privatization and provide a new perspective for analyzing this issue. Deepening privatization lowers (raises) price of the intermediate input and increases its output if the efficiency-enhancing effect is relatively large (small). When the effect is moderate, an increase in the privatization level raises the output of manufacturing and agricultural and improves social welfare.
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