Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/203878 
Year of Publication: 
2000
Series/Report no.: 
wiiw Working Paper No. 13
Publisher: 
The Vienna Institute for International Economic Studies (wiiw), Vienna
Abstract: 
A simple algebraic model of a property structure leading to Leontief's input-output scheme is developed and used to eliminate indirect ownership relations and evaluate the final distribution of national property among individual owners. A concept of transparency of an ownership structure is defined. Implications of non-transparency for general equilibrium theory, profit distribution and decision making are discussed.
Subjects: 
ownership structure
primary owners
privatization illusion
secondary owners
transparency
JEL: 
C60
L33
K11
Document Type: 
Working Paper

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