The impact of UK privatization on employment, profits and the distribution of business income

D Parker, S Martin

Research output: Contribution to journalArticlepeer-review

Abstract

This article examines the effect of privatization on the use of inputs and hence on labour, capital and other supplies in 11 firms which were privatized in the UK in the 1980s. Privatization has been associated with higher productivity and labour does seem to have lost out in terms of income shares, though to a lesser degree in terms of employment and wage relativities. There is no evidence that continued state regulation has caused firms to behave differently from other privatized companies.

Original languageEnglish
Pages (from-to)31-38
Number of pages8
JournalPublic Money and Management
Volume16
Issue number1
Publication statusPublished - 1996

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