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Employment and wage effects of privatization : evidence from Hungary, Romania, Russia, and Ukraine

Brown, J. David (contributor); Earle, John S. (contributor); … - 2008

transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …

Persistent link: https://www.econbiz.de/10003755531

Privatization and changes in the wage structure : evidence from firm personnel records

Melly, Blaise (contributor); Puhani, Patrick A. (contributor) - 2008

We investigate the wage effects of privatization using person-level firm-based panel datasets from one privatized and … one nonprivatized public sector firm in the same country for the years immediately before and after privatization. Thus …, we can analyze the before-after effects of privatization while controlling for individual and time fixed effects and …

Persistent link: https://www.econbiz.de/10003763070

Firm ownership and rent sharing

Monteiro, Natália Pimenta; Portela, Miguel; Straume, … - 2010

We analyse – theoretically and empirically – how private versus public ownership of firms affects the degree of rent sharing between firms and their workers. Using a particularly rich linked employer-employee dataset from Portugal, covering a large number of corporate ownership changes...

Persistent link: https://www.econbiz.de/10003959632

The determinants of asset stripping : theory and evidence from the transition economies

Campos, Nauro (contributor); … - 2005

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...

Persistent link: https://www.econbiz.de/10003299971

Asset stripping, rule of law and firm survival : the Hoff-Stiglitz model and mass privatization in Montenegro

Koman, Matjaž; Lakičević, Milan; Prašnikar, Janez; … - 2013

-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

Retained state shareholding in Chinese PLCs : does government ownership reduce corporate value?

Tian, Lihui (contributor); Estrin, Saul (contributor) - 2005

The role of government shareholding in corporate performance is central to an understanding of China's newly privatized large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the ownership structure of 826 listed corporations and find...

Persistent link: https://www.econbiz.de/10002603937

The births of new private-owned enterprises in an environment of state-owned enterprises

Zhao, Zhong; Liang, Zheng - 2023

The impact of the incumbent state-owned enterprises (SOEs) on the births of new private-owned enterprises (POEs) in China is a central concern for the government and society. In this paper, we apply agglomeration theories to distinguish the linkages between SOEs and POEs. Using China's 2008...

Persistent link: https://www.econbiz.de/10014310232

On the reversibility of structural reforms

Campos, Nauro; Horváth, Roman - 2012

evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase … wages and prices. -- reform reversals ; price liberalization ; trade liberalization ; privatization ; political economy …

Persistent link: https://www.econbiz.de/10009537261

Helping hand or grabbing hand? : state bureaucracy and privatization effectiveness

Brown, J. David; Earle, John S.; Gehlbach, Scott - 2009

privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization … effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find …

Persistent link: https://www.econbiz.de/10003800902

Privatisation in developing countries : what are the lessons of recent experience?

Estrin, Saul; Pelletier, Adeline - 2016

This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...

Persistent link: https://www.econbiz.de/10011571943