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data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …
Persistent link: https://www.econbiz.de/10011309155
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We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …
Persistent link: https://www.econbiz.de/10011402871
, we gain consistent evidence in favour of claims (b) and (c). -- European Union ; panel analysis ; partisan theory …
Persistent link: https://www.econbiz.de/10003095430
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform. …
Persistent link: https://www.econbiz.de/10010246655
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …
Persistent link: https://www.econbiz.de/10013058310
effect of private-school competition on students' entrepreneurial intentions. We exploit Catholic-Church resistance to state … shares, students' academic skills, and parents' entrepreneurial occupation. -- Private school competition ; entrepreneurship …
Persistent link: https://www.econbiz.de/10003983640
effect of private-school competition on students' entrepreneurial intentions. We exploit Catholic-Church resistance to state …
Persistent link: https://www.econbiz.de/10013141425
We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...
Persistent link: https://www.econbiz.de/10003925275
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