The New Zealand Institute for the Study of Competition and Regulation2015-02-112022-07-062015-02-112022-07-065/07/19991999https://ir.wgtn.ac.nz/handle/123456789/19024In this study we estimate the social impact of privatisation by means of cost-benefit analysis. It includes assessing the performance of the privatised firm against counterfactual situations and examining economic efficiency at points in time as well as assessing the dynamic efficiency of investment.pdfen-NZPermission to publish research outputs of the New Zealand Institute for the Study of Competition and Regulation has been granted to the Victoria University of Wellington Library. Refer to the permission letter in record: https://ir.wgtn.ac.nz/handle/123456789/18870privatizationTranz RailText