We estimate the effects of privatization on zombie versus healthy state-owned enterprises (SOEs) in China, extending … productivity and TFP, reduces bank and government subsidies, alleviates leverage and administrative expenses, improves liquidity … privatization of underperforming, zombie-like entities can lead to substantial economic improvements and greater efficiency …

Productivity in Russia has fallen steadily over the past 15 years. This paper explores micro-level data to understand … the contribution of individual firms to aggregate productivity. Overall, firm-level data corroborate the decline in … aggregate productivity and a widening productivity gap against several European countries. They also show that the gap between …

multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross … productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing …