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Reforms and Productivity Dynamics in Chinese State-Owned Enterprises
McGoldrick, Peter; Walsh, Patrick Paul - 2004
of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and Pakes (1996), which corrects for simultaneity bias. Furthermore, we allow selection to reform to be endogenous, and … correct for this selection bias by formulating an entry rule to reform similar to the Olley and Pakes (1996) exit rule. We …
Persistent link: https://www.econbiz.de/10010261956
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Crises, what crises?
Campos, Nauro F.; Hsiao, Cheng; Nugent, Jeffrey B. - 2006
Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster … macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises … interdependencies between the two types of crises, feedbacks between the two types of reform, the use of alternative measures of …
Persistent link: https://www.econbiz.de/10010267978
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Reassessing the wage penalty for temps in Germany
Jahn, Elke J. - 2008
As a consequence of the rapid growth of temporary agency employment in Germany, the debate on the poor working conditions of temps, specifically their remuneration, has intensified recently. Using administrative data, the paper shows that the wage gap for German temp workers is rather large and...
Persistent link: https://www.econbiz.de/10010268722
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Estimating the effect of student aid on college enrollment: evidence from a government grant policy reform
Nielsen, Helena Skyt; Sørensen, Torben; Taber, Christopher - 2008
Danish reform. We separately identify the effect of aid from that of other observed and unobserved variables such as parental … income. We exploit the combination of a kinked aid scheme and a reform of the student aid scheme to identify the effect of …
Persistent link: https://www.econbiz.de/10010269155
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Public-Private Employment Choice, Wage Differentials and Gender in Turkey
Tansel, Aysit - 2004
The main objective of this paper is to examine the factors which explain the employment choice and the wage differentials in the public administration, state owned enterprises and the formal private wage sector in Turkey. Selectivity corrected wage equations are estimated for each sector for men...
Persistent link: https://www.econbiz.de/10010262012
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Retained State Shareholding in Chinese PLCs : Does Government Ownership Reduce Corporate Value?
Tian, Lihui; Estrin, Saul - 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/10010262209
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The determinants of asset stripping: theory and evidence from the transition economies
Campos, Nauro F.; Giovannoni, Francesco - 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/10010267582
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Ownership and wages: estimating public-private and foreign domestic differentials using LEED from Hungary, 1986 - 2003
Earle, John S.; Telegdy, Álmos - 2007
Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...
Persistent link: https://www.econbiz.de/10010268246
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Employment and wage effects of privatization: evidence from Hungary, Romania, Russia, and Ukraine
Brown, J. David; Earle, John S.; Telegdy, Álmos - 2008
We use longitudinal methods and universal panel data on 30,000 initially state-owned manufacturing firms in four 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...
Persistent link: https://www.econbiz.de/10010268760
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Tournaments and managerial incentives in China's listed firms: new evidence
Kato, Takao; Long, Cheryl - 2008
restructuring may be needed for China to successfully transform its SOEs to efficient modernized corporations and reform its overall …
Persistent link: https://www.econbiz.de/10010268884