Earle, John S.; Telegdy, Álmos - Institute for the Study of Labor (IZA) - 2001
describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … performance in a panel framework. The results of OLS, LAD, and fixed-effects estimations consistently show a positive, highly … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …