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The effects of private equity buyouts on employment, productivity, and job reallocation vary tremendously with … relative to control firms - but expands 13% after buyouts of privately held firms. Post-buyout productivity gains at target …
Persistent link: https://www.econbiz.de/10013163171
This paper evaluates whether the expansion of higher education is economically worthwhile based on a recent surge in the number of campuses and college graduates in Russia. Our empirical strategy relies on the marginal treatment effect method in both normal and semi‐parametric versions, and...
Persistent link: https://www.econbiz.de/10010462897
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
Finland s state-enterprise sector has been larger than in most countries and included several manufacturing companies. These were usually established because of a scarcity of private venture capital, with a mission to contribute to industrialisation. Some companies have now been privatised in a...
Persistent link: https://www.econbiz.de/10011509381
productivity trends. …
Persistent link: https://www.econbiz.de/10011606658
privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity … privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel re-search design that controls for pre-privatization selection in the estimation of regional …
Persistent link: https://www.econbiz.de/10003809958
effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find … privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization …
Persistent link: https://www.econbiz.de/10003800902
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
The issues of privatization (and sometimes deregulation) have been reviewed in a large literature on the various … aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why … privatization is useful as well as profitable for an economy and empirically present the extent of privatization in Austria and …
Persistent link: https://www.econbiz.de/10009748284
- 2000, extending existing empirical work, and more specifically work on the impact of privatization on public deficit, the … following: (i) Recent empirical work (by Jeronimo et al.) using data from 1990-1997 had examined whether privatization receipts … there is a negative and statistically significant relationship between receipts from privatization and deficit for the 1990 …
Persistent link: https://www.econbiz.de/10011598306