Showing 1 - 10 of 52
In this paper we examine the effects of interest group pressure and the structure of political institutions on infrastructure deployment by state-owned electric utilities in a panel of 78 countries during the period 1970 – 1994. We consider two factors that jointly influence the rate of...
Persistent link: https://www.econbiz.de/10005784611
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …-history analysis of the determinants of reform in the telecommunications and electricity sectors of as many as 205 countries and …
Persistent link: https://www.econbiz.de/10005784793
does not receive support in the ownership but the indicator of voucher privatization supports it. The initial conditions … from early 90's were not the driving the financial distress. The voucher-scheme privatization results in poorer corporate …
Persistent link: https://www.econbiz.de/10005784676
We study bank discrimination against private firms in transition countries. Theoretically, we show that banks may discriminate for non-profit reasons, but this discrimination diminishes with a bank’s incentives and human capital. Employing matching bank-firm data from China, we empirically...
Persistent link: https://www.econbiz.de/10005207887
We investigate whether competitive forces and privatization have yet began to play an efficiency-enhancing role in … conclude that privatization is having an impact on enterprise efficiency and restructuring but domestic market structure and …
Persistent link: https://www.econbiz.de/10005677389
This paper considers the Russian privatization process through the end of voucher privatization and examines how its … impossible due to the dearth of reliable data, it is feasible to analyze the institutional features of Russian privatization in … terms of their effect on redistribution of wealth. The attempt is made to consider distributional effects of privatization …
Persistent link: https://www.econbiz.de/10005677391
particular) where privatization is often opaque and businesspeople may receive property, but remain unwilling to use it … conducted in Russia in February 2005, I find that the original sin of an illegal privatization is difficult to expunge …
Persistent link: https://www.econbiz.de/10005677425
According to leading economic theorists, creating capitalism out of communism requires rapid privatization. In this … article we empirically test the welfare implications of privatization policies in Post-Soviet countries by using cross …-national panel mortality data as an indicator of social costs. We find that rapid privatization – whether measured by a novel measure …
Persistent link: https://www.econbiz.de/10005677434
Post-privatization restructuring of former state-owned enterprises (FSOEs) encompasses both shorter-run "defensive …
Persistent link: https://www.econbiz.de/10005677509
This paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...
Persistent link: https://www.econbiz.de/10005677517