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(DP 1986-01) Notes on the Bases for Government Intervention through Public Enterprises
UPSE Discussion Papers
View Archive Info| Field | Value | |
| Title |
(DP 1986-01) Notes on the Bases for Government Intervention through Public Enterprises
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| Creator |
Diokno, Benjamin E.
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| Description |
This paper argues that the rationale for public enterprises flows from the general discussion on the justification for state intervention. Within a welfare theoretic framework, it argues that the wide range of stated motives for using the public enterprise form can in most cases be attributed to some violations of efficiency conditions. It has been shown that in the Philippines a great majority of a state firms can be justified on such grounds. Still, numerous firms were established on the basis of some noneconomic grounds. The use of the latter set of justifications resulted in government intervention even in areas where competitive market works, thereby unjustifiably enlarging the scope of public sector activity.
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| Publisher |
UPSE Discussion Papers
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| Contributor |
—
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| Date |
2010-08-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/267
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| Source |
UPSE Discussion Papers; 1986
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| Language |
eng
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| Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/267/328
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