Showing 1 - 10 of 67
-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …
Persistent link: https://www.econbiz.de/10013071449
We explore the impact of privatization and the entry of new firms on enterprise performance in Belarus, a transition …
Persistent link: https://www.econbiz.de/10012780018
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10013087867
. Overall, our analysis suggests that corporate governance in Ukraine operates with a certain degree of efficiency, despite the …
Persistent link: https://www.econbiz.de/10013156404
-2010, we show that a higher share of politically connected supervisory board members leads to lower productivity …
Persistent link: https://www.econbiz.de/10013050620
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956029
We study the role of firm productivity in explaining earnings disparities between immigrants and natives using … persistent productivity, with greater gains for immigrants from non-Western countries. Moreover, the pass-through of within …-firm productivity variation to earnings is stronger for immigrants in low-productive, immigrant-dense firms. But immigrant workers are …
Persistent link: https://www.econbiz.de/10014083954
above average size, initial profitability and initial labor productivity. After controlling for this selection bias, we find … that foreign investment has a positive, but statistically insignificant, impact on TFP (Total Factor Productivity) growth …
Persistent link: https://www.econbiz.de/10011608384
Even though it is well documented that privatization leads to an improvement in the performance of state … because it does not consider the performance of control firms of similar pre-privatization situations, i.e. the performance of … following privatization. Matching sample firms (privatized) to control firms (SOEs), I document that privatized firms do not …
Persistent link: https://www.econbiz.de/10011335746
efficiency gains result from better incentives and productivity, rather than from wholesale firing of employees and profitability …
Persistent link: https://www.econbiz.de/10011608788