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models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …. Positive domestic effects appear within a year in Hungary, Romania, and Ukraine and continue growing thereafter, but take 5 …
Persistent link: https://www.econbiz.de/10005030679
Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated … result from effects on scale, productivity, and costs that are large but offsetting in Hungary and Romania, and from small …
Persistent link: https://www.econbiz.de/10005030683
Romania, 22 percent in Hungary, and 3 percent in Ukraine, with some variation across specifications, while in Russia it lowers … much more consistent across countries. The positive effects emerge within a year in Hungary, Romania, and Ukraine and …
Persistent link: https://www.econbiz.de/10005116752
We analyze comprehensive manufacturing firm data to measure the contribution of inter-firm employment reallocation to aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard decomposition technique to better reflect the role of firm...
Persistent link: https://www.econbiz.de/10005116778