Brown, J. David; Earle, John; Telegdy, Álmos - Centre for Economic Reform and Transformation, School … - 2008
the negligible consequences of domestic privatization result from effects on scale, productivity, and costs that are large … transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The …