Showing 1 - 4 of 4
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
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
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 … privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity …
Persistent link: https://www.econbiz.de/10005030688
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe … employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28 percent in … it about 4 percent. Privatization to foreign rather than domestic investors has a larger impact (about 44 percent) and is …
Persistent link: https://www.econbiz.de/10005116752