Showing 1 - 10 of 1,357
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 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 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
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
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
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
privatization, rather weak competition, unexpectedly hardbudget constraints, an overwhelmingly negative and relatively positive … accomplished. That is: stronger competition and betterinstitutions go with more restructuring, while privatization and harder …
Persistent link: https://www.econbiz.de/10011303312
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
This paper studies the impact of size on labor cost and productivity for Italian manufacturing firms. The distributions … of both labor cost and productivity display a wide support, even when disaggregated by sector of industrial activity …. Further, both labor cost and productivity, when considered alone, are growing with the size of the firm. We investigate this …
Persistent link: https://www.econbiz.de/10011730395
This paper studies the impact of size on labor cost and productivity for Italian manufacturing firms. The distributions … of both labor cost and productivity display a wide support, even when disaggregated by sector of industrial activity …. Further, both labor cost and productivity, when considered alone, are growing with the size of the firm. We investigate this …
Persistent link: https://www.econbiz.de/10009702303