Showing 1 - 10 of 25
We analyze when, and to a lesser extent how, privatization occurred in a group of thirty-five low or middle … primary determinant of privatization policies. Privatization is a means to an end, of course, rather than an end in itself …. But we proceed under the assumption that policymakers have decided, for whatever reason, that privatization is a desirable …
Persistent link: https://www.econbiz.de/10011335774
This paper investigates the impact of ownership structure on the productivity performance of Russian industrial …
Persistent link: https://www.econbiz.de/10011608483
Over the last two decades privatization programs in different countries radically reduced the role of the State as a …'s principal-agent structure following privatization, and incentives to invest in R&D and to patent. We compare the pre and post … privatization R&D effort and patenting behavior of 35 companies that were fully or partially privatized in 9 European countries …
Persistent link: https://www.econbiz.de/10011335727
In this paper, we analyze the impact of privatization on the firms' R&D performance. We expect that, in the early … period after privatization, path dependencies still negatively affect the efficiency of R&D operations. We test our …
Persistent link: https://www.econbiz.de/10011335733
productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity …. We analyse a panel of British industries between 1983 and 1996. Training information (and other individual productivity … use a variety of panel data techniques (including system GMM) to argue that training significantly boosts productivity …
Persistent link: https://www.econbiz.de/10010330311
This paper presents new evidence about privatisation processes and their determinants from a panel of 34 countries over the 1977-99 period. The empirical analysis shows that privatisation takes place typically in wealthy and democratic countries, endowed with deep and liquid stock markets, and...
Persistent link: https://www.econbiz.de/10011608839
transport sector affect their productivity. In order to compare different institutional regimes, we carry out a comparative … productivity, which we regress on firm and city characteristics. We find that when firms are totally or partially in public hands … their productivity is lower. Moreover, firms selected through competitive tendering display higher total factor productivity. …
Persistent link: https://www.econbiz.de/10010272456
indicators such as employment, turnover, and labour productivity growth. We exploit a unique dataset of 773 Italian service firms … employment, turnover, and labour productivity from the System of the Enterprise Account (SEA). We specify a Gibrat-like empirical … and turnover and a consequent not significant effect on labour productivity growth. The effect on employment is partly in …
Persistent link: https://www.econbiz.de/10010270950
I analyse the effect of ownership structure and bank control on performance. I employ a unique data set of 715 German takeovers to test whether group structure, large shareholders, and bank control affect their value to shareholders. First, I find that takeovers increase bidder value, but...
Persistent link: https://www.econbiz.de/10011608484
The paper estimates public sector wage differentials and their changes over time for men and women in the United Kingdom using the New Earnings Survey. It presents estimates that are robust to unobserved workforce characteristics and that also show the impact of policy changes and cyclical...
Persistent link: https://www.econbiz.de/10010292930