Showing 1 - 10 of 18
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/10005157524
the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data …This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … imply steadily increasing MFP as a result of domestic privatization, reaching about 25 percent relative to state-owned firms …
Persistent link: https://www.econbiz.de/10004970726
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/10005030683
used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … national probability sample of Ukrainian households. Detailed worker characteristics are used to control for compositional …
Persistent link: https://www.econbiz.de/10005030687
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 … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10005649911
used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … national probability sample of Ukrainian households. Detailed worker characteristics are used to control for compositional …
Persistent link: https://www.econbiz.de/10005518438
measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … estimates are robust to alternative functional forms, but sensitive to how we control for selection. Our preferred random growth …
Persistent link: https://www.econbiz.de/10005292578
productivity of job and worker reallocation. Then they investigate the effects of privatization, product and labor market … the transition has contributed significantly to aggregate productivity growth. Privatization has not only stimulated … privatization on firm productivity varies considerably across countries and is not always positive. The productivity gains from …
Persistent link: https://www.econbiz.de/10005079463
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...
Persistent link: https://www.econbiz.de/10005762442
measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … estimates are robust to alternative functional forms, but sensitive to how we control for selection. Our preferred random growth …
Persistent link: https://www.econbiz.de/10005030679