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This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data … 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
enterprises, agricultural markets, auctions, and health insurance. …
Persistent link: https://www.econbiz.de/10008472729
Persistent link: https://www.econbiz.de/10010849999
Persistent link: https://www.econbiz.de/10010850013
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privatization, management development systems, supplier relations, and employment relations. The chapters explore the proposition …
Persistent link: https://www.econbiz.de/10008472709
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
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
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …
Persistent link: https://www.econbiz.de/10005030679
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