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Public ownership, benefits and compensation I: benefits of nationalisation of UK water and energy girds and legal and economic issues in determining compensation

Public ownership, benefits and compensation I: benefits of nationalisation of UK water and energy girds and legal and economic issues in determining compensation

Hall, David and Weghmann, Vera (2019) Public ownership, benefits and compensation I: benefits of nationalisation of UK water and energy girds and legal and economic issues in determining compensation. [Working Paper]

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Abstract

The paper looks at the benefits of public ownership and the appropriate level of compensation. In particular, it looks at the economic consequences of adopting different formulations for compensation. This paper addresses these economic issues and arguments, within the actual UK legal framework, under which parliament has to determine the basis for compensation. It is thus both an analysis of the issues and a contribution to the process of debate around the approach which parliament should adopt.

Item Type: Working Paper
Uncontrolled Keywords: public ownership, nationalisation, UK, compensation
Subjects: H Social Sciences > H Social Sciences (General)
Faculty / Department / Research Group: Faculty of Business
Faculty of Business > Centre for Work and Employment Research (CREW)
Faculty of Business > Department of International Business & Economics
Last Modified: 15 Nov 2019 16:17
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
URI: http://gala.gre.ac.uk/id/eprint/26026

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