We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … workers' fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …

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 …

This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a … long panel on all initially state-owned manufacturing firms in Ukraine. The large size and length of the time series in the … data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells …

This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … after six years. Until recently, Ukraine has had relatively few cases of privatization to foreign investors, and estimates … panel data for nearly the universe of initially state-owned manufacturing firms in Ukraine. The longitudinal dimension of …

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 …

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 …% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 …

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 …

occupation) and firms (size, industry, and productivity), suggesting ownership type is systematically selected along these …

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 …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm …