THE DETERMINANTS OF THE PROCESS OF TRANSFORMATION OF STATE OWNED INFRASTRUCTURE SECTORS IN POLAND

• Authors: Bobinska K.
• Languages of publication: PL

Abstracts

EN

The main purpose of this paper is to undertake the attempt to prove that during the process transformation of the infrastructure sectors in Poland, there is the possibility (greater then average in the economy) of rent seeking, due to specific economic characteristics of those sectors, and this possibility was discounted to the very end, hampering the process of demonopolisation of each sector with all the economic negative consequences. The methods used is the double comparative analysis of the governments strategies of the chosen two sectors (railway and electricity). First comparison has been made between subsequent strategies within each sector, second between the two final strategies of chosen sectors. Results are as follow: these final comparison of the two sectors of which one (electricity) had initially the competitive organizational structure and the other (railway) was the full organizational monopoly - has shown that the two sectors have achieved during the process of adjusting the strategies to the proper interests of the engaged parties organizational structure guaranteeing monopolistic position and nearly identical model of privatization, which leaves all the privileges being in disposition initially by the rent seeking groups and permits at the same time to discount the profits of privatization. The solutions accepted by all the interested parties are against the interest of firms and individual consumers because of the monopolistic prices for the services of these sectors. That makes the firms less competitive on the foreign market and lowers the level of living of the individual consumers. One may say that these this solutions are against the common interest.

Keywords

EN

INFRASTRUCTURE SECTOR'S TRANSFORMATION (POLAND); PRIVATISATION'S MODEL; RENT SEEKING

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Economic Sciences, Polish Academy of Sciences
• Journal: Studia Ekonomiczne (Economic Studies)
• Year: 2007
• Issue: 3-4(54-55)
• Pages: 169-192
• Document type: ARTICLE

Contributors

author

Bobinska K.

• K. Bobinska, Instytut Nauk Ekonomicznych PAN, ul. Nowy Swiat 72, 00-330 Warszawa, Poland

Identifiers

CEJSH db identifier

08PLAAAA03817633