The demise of the Berlin Wall and the collapse of the USSR signaled a rush to privatization in Central and Eastern … and processes, which describe a free market capitalist system. However, the pace of privatization has not been the same … across the board. Whereas some of the Central and Eastern European countries are considered to be far ahead in privatization …

Analysis (IIASA), Laxenburg, Austria in 1992. Small scale privatization (SSP) of shops, restaurants and other consumer services … has been accomplished in the first stage of the complex process of privatization in Eastern Europe. It was also an … experiment for measuring the demand for previously state owned property and for verifying different techniques of privatization …

China’s reform of state-owned enterprises (SOEs) has achieved notably through 30 years of reforms while the performance … affecting China’s reform of SOEs. Focuses in different periods of the reform are varied, as are the theories guiding decision …, and Lang Xianping vs. Gu Chujun within the 30 years as a clue, has put in a model theories that affect China’s reform of …

, namely, the endogeneity problem. The endogeneity problem is present because decision-making process of privatization in China …Traditional panel stochastic frontier studies on privatization of Chinese State-owned firms face a major challenge … likely to be chosen for privatization because the local governments may have incentives to attract private investors or to …

This paper studies the effects of privatization and non-ownership-change reforms on firms’ productivity in China. As … one of the most prominent empirical challenges in China privatization studies, endogeneity problems are addressed with a … first-difference instrumental variable GMM estimation. We find that privatization does not improve firms’ productivity …

early 1990’. In the absence of an adequate outline for de-monopolization and privatization of the economy, the …