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 …. The positive effects emerge within a year in Hungary, Romania, and Ukraine and continue to grow thereafter, but are still …

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 …. Positive domestic effects appear within a year in Hungary, Romania, and Ukraine and continue growing thereafter, but take 5 …

aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism, but they rise dramatically after reforms, and productivity contributions greatly exceed those …

This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … produces a productivity advantage of about 40 percent in 2004-2005. …

This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … produces a productivity advantage of about 40 percent in 2004-2005 …

We estimate the impact of schooling on monthly earnings from 1950 to 2000 in Romania. Nearly constant at about 3 … in the West (labor supply movements, product demand shifts, technical change) or the transition-specific accounts … institutional and organizational explanations, particularly the high productivity of education in restructuring and entrepreneurial …

How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …

professional employer organizations-on measured employment and labor productivity in manufacturing between 1989 and 2004. A major … manufacturers' outsourcing to employment services significantly inflated manufacturing labor productivity measures, accounting for 0 ….5 percentage points of the annual growth rate from 1989 to 2000 and from 2001 to 2004. Although multifactor productivity measures …

I discuss reasons why manufacturing productivity statistics should be interpreted with caution in light of the recent … productivity statistics. Second, companies often outsource or offshore work to take advantage of cheap (relative to their output …) labor, and such cost savings are counted as productivity gains, even in multifactor productivity calculations. This fact has …