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the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data …This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … imply steadily increasing MFP as a result of domestic privatization, reaching about 25 percent relative to state-owned firms …
Persistent link: https://www.econbiz.de/10004970726
Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...
Persistent link: https://www.econbiz.de/10005141966
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …
Persistent link: https://www.econbiz.de/10005030683
used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … national probability sample of Ukrainian households. Detailed worker characteristics are used to control for compositional …
Persistent link: https://www.econbiz.de/10005030687
We analyze a model of wage delay in which strategic complementarity arises because each employer's costs of violating its contracts decrease with the arrears in its labor market. The model is estimated on panel data for workers and firms in Russia, facilitating identification through fixed...
Persistent link: https://www.econbiz.de/10005141942
Persistent link: https://www.econbiz.de/10010849999
Persistent link: https://www.econbiz.de/10010850013
Persistent link: https://www.econbiz.de/10010850058
shows that the estimated correlation of privatization and mortality in country-level data is not robust to recomputing the … mass-privatization measure, to assuming a short lag for economic policies to affect mortality, and to controlling for … evidence that privatization increased mortality during the early 1990s. Finally, we reanalyze the relationship between …
Persistent link: https://www.econbiz.de/10008478800
measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … estimates are robust to alternative functional forms, but sensitive to how we control for selection. Our preferred random growth …
Persistent link: https://www.econbiz.de/10005030679