Earle, John S.; Telegdy, Almos - In: The Economics of Transition 6 (1998) 2, pp. 313-332
This paper provides an assessment of the contribution to privatization in Romania of the 1995-96 Mass Privatization Programme (MPP), which offered shares in nearly 5,000 companies to citizens in exchange for coupons. Analysing a comprehensive database of MPP companies, we find that an average of...