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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 …
Persistent link: https://www.econbiz.de/10011309155
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 … produces a productivity advantage of about 40 percent in 2004–2005. -- productivity ; privatization ; selection bias ; foreign …
Persistent link: https://www.econbiz.de/10003633914
Persistent link: https://www.econbiz.de/10012172406
estimation of production functions together with information on prices and quantities to estimate physical productivity, markups …
Persistent link: https://www.econbiz.de/10011548253
Productivity in Russia has fallen steadily over the past 15 years. This paper explores micro-level data to understand … the contribution of individual firms to aggregate productivity. Overall, firm-level data corroborate the decline in … aggregate productivity and a widening productivity gap against several European countries. They also show that the gap between …
Persistent link: https://www.econbiz.de/10012203207
Persistent link: https://www.econbiz.de/10013342638
Using the high-power setting of newly privatized firms from 64 countries, we examine the relationship between ownership type and firm-level capital allocations as captured by the sensitivity of investment expenditure to investment opportunities. Consistent with our predictions that government...
Persistent link: https://www.econbiz.de/10013043365
literature on privatization. Around 1989/90 the emphasis had been put on de-etatization and good corporate governance and little …). Today, it is clear that this is the name of the game. Without TNCs, privatization simply doesn't produce the expected … of manufacturing exports. It is argued that for resource-poor transition economies privatization to foreign strategic …
Persistent link: https://www.econbiz.de/10014139704
-invested firms grow in size but not in productivity compared with non-invested firms over a four-year horizon. Decomposing foreign … group firms resulting in little effect on productivity or growth but leading to growth in stand-alone firms. Foreign …
Persistent link: https://www.econbiz.de/10013096648
Persistent link: https://www.econbiz.de/10011346870