Die Hauptziele der Privatisierung in der ungarischen Lebensmittelindustrie waren deren Restrukturierung und die Erhöhung ihrer Wettbewerbskraft sowie das Erreichen von staatlichen Gewinnen zur Finanzierung der Staatsverschuldung. Ausländisches Kapital strömt vor allem in die großen...

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...

We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to longitudinal data on manufacturing firms, our fixed effect and random trend models consistently fail to support workers’ fears of job losses from privatization, and they never...

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...