Showing 1 - 10 of 5,923
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 …
Persistent link: https://www.econbiz.de/10010494669
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
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 …
Persistent link: https://www.econbiz.de/10003435299
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 …
Persistent link: https://www.econbiz.de/10003292441
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 …
Persistent link: https://www.econbiz.de/10014060272
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
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 … years after privatization to emerge in Russia. -- privatization ; productivity ; foreign ownership ; random growth model …
Persistent link: https://www.econbiz.de/10003311836
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe … number of explanations for "when privatization works". -- privatization ; productivity ; foreign ownership ; Hungary … employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28% in Romania, 22 …
Persistent link: https://www.econbiz.de/10002836325
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 …
Persistent link: https://www.econbiz.de/10012707760
This paper estimates the effect of privatization on multifactor productivity using comprehensive panel data on … percent in Hungary, and 2 percent in Ukraine, but a -3 percent effect in Russia. The foreign privatization effect is larger … controls. Our preferred random growth estimates imply positive multifactor productivity effects of 15 percent in Romania, 8 …
Persistent link: https://www.econbiz.de/10012750613