Showing 1 - 10 of 11
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel re-search design that controls for pre-privatization selection in the estimation of regional … privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity …
Persistent link: https://www.econbiz.de/10010288041
This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … differences and to assess types of observable 'winners' and 'losers' from privatization. Preprivatization worker-firm matches are … used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …
Persistent link: https://www.econbiz.de/10010287960
This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data … imply steadily increasing MFP as a result of domestic privatization, reaching about 25 percent relative to state-owned firms …
Persistent link: https://www.econbiz.de/10010287966
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe … employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28% in Romania, 22 …%. Privatization to foreign rather than domestic investors has a larger impact (about 44%) and is much more consistent across countries …
Persistent link: https://www.econbiz.de/10010287971
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …
Persistent link: https://www.econbiz.de/10010288007
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … it lowers it 3%. Privatization to foreign rather than domestic investors has a larger impact, 18-35%, in all countries …
Persistent link: https://www.econbiz.de/10010288008
This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data … imply steadily increasing MFP as a result of domestic privatization, reaching about 25 percent relative to state-owned firms …
Persistent link: https://www.econbiz.de/10012707760
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...
Persistent link: https://www.econbiz.de/10010288009
We analyze the role of privatization in creating a constituency for economic reform, markets, and democratic … privatization, we find positive effects for participants retaining shares, but little impact of participation alone. Our simulations …
Persistent link: https://www.econbiz.de/10011763242
Comprehensive panel data on privatization transactions and labor productivity in Romanian industrial corporations are … used to describe the post-privatization ownership structure, and to estimate the effect of Romania's diverse privatization … transfers and mass privatization are estimated to have significantly smaller-although still positive-effects on firm performance. …
Persistent link: https://www.econbiz.de/10011763244