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 …

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 …

How do new and foreign firms achieve superior productivity? Do they conduct more and better R&D? Or do they distinguish … IT and less in R&D than initially state-owned firms. Productivity gains from R&D and non-technology investment are … investment. New firm productivity growth is a result of higher investment volume rather than investment efficiency. …

, Nash and Van Randenborgh (MNR 1994) by using the Wilcoxon and proportion tests to compare the pre- and post-privatization … studies, it has its shortcomings. Indeed, this method is unable to isolate the impact of privatization on firm performance … employed in this paper. Both approaches confirm that privatization in Vietnam brings about significant improvement in most …

Post-privatization restructuring of former state-owned enterprises (FSOEs) encompasses both shorter-run "defensive …

transition economies. This includes initial conditions, forms of privatization, institutional frameworks and the competitiveness …

In this paper we examine the relationship between wages, labour productivity and ownership using a linked employer … and study wage and productivity differences. The raw wage differential between foreign and domestically owned firms is … ownership premia are more prevalent in older and less technologically advanced firms. Joint estimation of productivity and wage …

level (for given productivity) and the degree of rent sharing. Rent sharing is very pronounced in state-owned firms but far …

the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …