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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
-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
We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated with ownership or institutional factors. However, in...
Persistent link: https://www.econbiz.de/10002603928
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving …
Persistent link: https://www.econbiz.de/10002456178
Persistent link: https://www.econbiz.de/10001944050
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
1998 there were some forces tending to increase wage inequality and other forces contracting it. The result was a … wages was the decline, between 1992 and 1998 in labour market participation of those with low levels of education. Wage …
Persistent link: https://www.econbiz.de/10002615662
We explore the impact of privatization and the entry of new firms on enterprise performance in Belarus, a transition … era to permit free competition and effective governance by new owners. -- enterprise restructuring ; privatization …
Persistent link: https://www.econbiz.de/10003328064
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
Persistent link: https://www.econbiz.de/10001877107