Showing 1 - 10 of 75
We reexamine the recent, well-publicized claim that 'rapid mass privatisation [of state-owned enterprises] ... was a crucial determinant of differences in adult mortality trends in postcommunist countries' (Stuckler, King and McKee, 2009). Our analysis shows that the estimated correlation of...
Persistent link: https://www.econbiz.de/10010287980
analysis of firm choices and characteristics in four transition economies: the Czech Republic, Hungary, Romania, and Slovakia …
Persistent link: https://www.econbiz.de/10011763245
How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...
Persistent link: https://www.econbiz.de/10011763251
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially stateowned manufacturing firms in four economies. Controlling for firm and industry-year fixed effects and employing a wide variety of measurement approaches, we...
Persistent link: https://www.econbiz.de/10010287971
We analyze a model of wage delay in which strategic complementarity arises because each employer's costs of violating its contracts decrease with the arrears in its labor market. The model is estimated on panel data for workers and firms in Russia, facilitating identification through fixed...
Persistent link: https://www.econbiz.de/10010287986
in the West (labor supply movements, product demand shifts, technical change) or the transition-specific accounts …
Persistent link: https://www.econbiz.de/10010287993
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, more reform is associated with larger contributions from reallocation, but … later, and on average over the whole transition, this relationship is reversed. Though reallocation rates are larger in …
Persistent link: https://www.econbiz.de/10010288001
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. We exploit the key longitudinal feature of our data to measure and control for preprivatization...
Persistent link: https://www.econbiz.de/10010288008
We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer's arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on panel...
Persistent link: https://www.econbiz.de/10010288020
We empirically study the dynamics of labor market adjustment following the Brazilian trade reform of the 1990s. We use variation in industry-specific tariff cuts interacted with initial regional industry mix to measure trade-induced local labor demand shocks, and then examine regional and...
Persistent link: https://www.econbiz.de/10011418258