Showing 1 - 10 of 41
Persistent link: https://www.econbiz.de/10004253012
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
Studies of public-private and foreign-domestic wage differentials face difficulties distinguishing ownership effects from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked employer-employee data (LEED) from Hungary containing 1.35mln...
Persistent link: https://www.econbiz.de/10005141966
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
selection effects in the privatization process that may bias the observed ownership-performance relationship. Drawing upon a … ownership change in Russia was already having some positive effects, shortly after the conclusion of the voucher privatization … Russian privatization program appears to have been biased against such institutional investors, the latter finding only …
Persistent link: https://www.econbiz.de/10012790640
This paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and...
Persistent link: https://www.econbiz.de/10010745219
This paper examines the frequency, pervasiveness, and determinants of product switching by US manufacturing firms. We find that one-half of firms alter their mix of five-digit SIC products every five years, that product switching is correlated with both firm- and firm-product attributes, and...
Persistent link: https://www.econbiz.de/10008622165
This paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by U.S. manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than...
Persistent link: https://www.econbiz.de/10010884551
This paper examines the decision to enter the export market by German firms. While exports have played an important role in recent German business cycle movements, little is known about the export supply response of German firms. This paper presents a dynamic model of the export decision by a...
Persistent link: https://www.econbiz.de/10005084831