Showing 1 - 10 of 2,459
This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a … long panel on all initially state-owned manufacturing firms in Ukraine. The large size and length of the time series in the … data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells …
Persistent link: https://www.econbiz.de/10011309155
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm …
Persistent link: https://www.econbiz.de/10011402871
-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/10010226663
privatized firms. First, accounting data prior to and after the privatization are employed to measure the operating performance … are significantly different to private counterparts. Overall results, however, show that the privatization in Sweden was … ; performance measure ; privatization ; ratio analysis ; event-study ; public and private relationship …
Persistent link: https://www.econbiz.de/10003796384
the negligible consequences of domestic privatization result from effects on scale, productivity, and costs that are large …-improvement effect, and the positive wage outcome from productivity improvement dominating the cost-reduction effect. -- Privatization … transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries …
Persistent link: https://www.econbiz.de/10003755531
Like many transition economies, Slovenia is undergoing profound changes in the workings of the labor market with potentially greater flexibility in terms of both wage and employment adjustment. We investigate the impact of the changing labor market for Slovenia using unique longitudinal matched...
Persistent link: https://www.econbiz.de/10001701408
-2010, we show that a higher share of politically connected supervisory board members leads to lower productivity. …
Persistent link: https://www.econbiz.de/10010381906
We determine workforce composition and wages in firms in the presence of productivity spill-overs between co …
Persistent link: https://www.econbiz.de/10010408909
We study how workers' wages respond to TFP-driven innovations in firms' labor productivity. Using unique data with … of physical (as opposed to revenue) TFP to instrument labor productivity in the wage equations. We find that the reaction … of wages to sectoral labor productivity is almost three times larger than the response to pure idiosyncratic (firm …
Persistent link: https://www.econbiz.de/10009306828
show that on average employment and revenues fall, wages increase, while firms' productivity, workers' average quality, the … the firms' productivity distribution. Employment, revenues, productivity and the profit margin are positively or not …
Persistent link: https://www.econbiz.de/10012588728