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The unfinished business of state-owned enterprise reform in the People's Republic of China

Holz, Carsten A. - 2019

This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability...

Persistent link: https://www.econbiz.de/10012026451

The Political Economy of Privatization: Why Do Governments Want Reforms?

Boerner, Kira - 2004

International organizations promote privatization as precondition for economic development. But is there really too … little privatization? This political economy model asks for the incentives of governments to privatize or restructure a state …-owned firm. Different government types are compared to identify the political and institutional determinants of privatization …

Persistent link: https://www.econbiz.de/10011324980

Privatisation and public ownership in Finland

Willner, Johan - 2003

Finland s state-enterprise sector has been larger than in most countries and included several manufacturing companies. These were usually established because of a scarcity of private venture capital, with a mission to contribute to industrialisation. Some companies have now been privatised in a...

Persistent link: https://www.econbiz.de/10011509381

State ownership and control in the Czech Republic

Kočenda, Evžen; Hanousek, Jan - 2009

We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade … bureaucracy are the most likely reasons behind our findings. -- state ownership ; control ; corporate performance ; privatization …

Persistent link: https://www.econbiz.de/10003887481

When the minimum wage really bites hard : impact on top earners and skill supply

Gregory, Terry; Zierahn, Ulrich - 2020

We investigate minimum wage spillovers by exploiting the first-time introduction of a minimum wage within a quasi-experiment in a context with an extraordinary large bite: the German roofing industry. We find positive wage spillovers for medium-skilled workers with wages just above the minimum...

Persistent link: https://www.econbiz.de/10012270418

Occupation growth, skill prices, and wage inequality

Böhm, Michael; Gaudecker, Hans-Martin von; Schran, Felix - 2019

This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall wage inequality. Using long-running administrative panel data with detailed occupation codes, we first document that in all occupations, entrants and leavers earn lower wages...

Persistent link: https://www.econbiz.de/10012110206

Globalization and state capitalism : assessing Vietnam's accession to the WTO

Baccini, Leonardo; Impullitti, Giammario; Malesky, Edmund - 2017

openness and tame the aggregate productivity gains from trade. We empirically test these predictions analyzing the response of …, lower markups, and substantial increases in productivity for private firms but not for SOEs. Domestic barriers to entry and … the overall productivity gains would have been about 66% larger in a counterfactual Vietnamese economy without SOEs. …

Persistent link: https://www.econbiz.de/10011717219

The performance of state-owned enterprises and newly privatized firms: Empirical evidence from Egypt

Omran, Mohammed - 2002

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

Capital Structure and Regulation: Does Ownership Matter?

Cambini, Carlo; Bortolotti, Bernardo; Rondi, Laura; … - 2007

We construct a comprehensive panel data of 96 publicly traded European utilities over the period 1994-2005 in order to study the relationship between the capital structure of regulated firms, regulated prices, and investments, and examine if and how this interaction is affected by ownership...

Persistent link: https://www.econbiz.de/10010312393

Italys Privatization Process and Its Implications for China

Bortolotti, Bernardo - 2005

process. Particularly, it analyzes the symbiotic link between share issue privatization (SIP), i.e. privatization in public …

Persistent link: https://www.econbiz.de/10010312583