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The Land that Lean Manufacturing Forgot? Management Practices in Transition Countries
Bloom, Nicholas - 2014
We have conducted the first survey on management practices in transition countries. We found that Central Asian transition countries, such as Uzbekistan and Kazakhstan, have on average very poor management practices. Their average scores are below emerging countries such as Brazil, China and...
Persistent link: https://www.econbiz.de/10013067648
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Growth, Initial Conditions, Law and Speed of Privatization in Transition Countries : 11 Years Later
Godoy, Sergio; Stiglitz, Joseph E. - 2021
the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more … endogeneity, confused issues of speed and level of privatization, and did not face up to the problems of multicollinearity. Our … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but …
Persistent link: https://www.econbiz.de/10013234403
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Privatization in East European Transformation
Fischer, Stanley - 2021
Privatization of state assets is an essential step to the creation of a viable private sector in the formerly socialist … privatization, with emphasis on Poland, Hungary, and Czechoslovakia. Progress in privatizing small firms has been rapid in several … East European countries, but privatization of large firms has been slow, with most success to date in Hungary …
Persistent link: https://www.econbiz.de/10013247193
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The Razor's Edge : Distortions and Incremental Reform in the People's Republic of China
Young, Alwyn - 2010
In a partially reformed economy, distortions beget distortions. Segments of the economy which are freed from centralized control respond to the rent seeking opportunities implicit in the remaining distortions of the economy. The battle to capture, and then protect, these rents leads to the...
Persistent link: https://www.econbiz.de/10013147214
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Private Returns to Public Office
Fisman, Raymond J. - 2012
We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...
Persistent link: https://www.econbiz.de/10013106303
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Sales Force and Competition in Financial Product Markets : The Case of Mexico's Social Security Privatization
Hastings, Justine S. - 2014
This paper examines how sales force impact competition and equilibrium prices in the context of a privatized pension market. We use detailed administrative data on fund manager choices and worker characteristics at the inception of Mexico's privatized social security system, where fund managers...
Persistent link: https://www.econbiz.de/10013064396
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Private Politics and Public Regulation
Egorov, Georgy - 2013
We develop a dynamic game to explore the interaction between regulation and private policies, such as self-regulation by firms and activism. Without a public regulator, the possibility of self-regulation is bad for the firm, but good for activists who are willing to maintain a costly boycott to...
Persistent link: https://www.econbiz.de/10013071787
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China's Land Market Auctions : Evidence of Corruption
Cai, Hongbin - 2010
This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption,...
Persistent link: https://www.econbiz.de/10013152507
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Private and Public Supply of Liquidity
Holmström, Bengt R. - 2008
This paper addresses a basic yet unresolved question: Do claims on private assets provide sufficient liquidity for an efficient functioning of the productive sector? Or does the State have a role in creating liquidity and regulating it either through adjustments in the stock of government...
Persistent link: https://www.econbiz.de/10012774968
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Do Private Prisons Affect Criminal Sentencing?
Dippel, Christian - 2019
Using a newly constructed complete monthly panel of private and public state prisons, we ask whether private prisons impact judges' sentencing decisions in their state. We employ two identification strategies, a difference-in-difference strategy comparing court-pairs that straddle state-borders,...
Persistent link: https://www.econbiz.de/10012889061