Brown, J. David; Earle, John S.; Shpak, Solomiya; … - 2015
This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a … 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 …