Showing 1 - 10 of 44
The authors explore the relation between the establishment of a regulatory agency and the performance of the electricity sector. The authors exploit a unique dataset comprising firm-level information on a representative sample of 220 electric utilities from 51 development and transition...
Persistent link: https://www.econbiz.de/10005116700
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
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
Persistent link: https://www.econbiz.de/10005085651
Persistent link: https://www.econbiz.de/10005085656
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
A variety of proposals for creating more competition within the railroad sector and in the broader freight transport sector are under consideration in countries throughout the world. Brazil, though something of a latecomer to wider infrastructure reform, has recently taken large steps in...
Persistent link: https://www.econbiz.de/10005556074
This paper uses a computable general equilibrium (CGE) microsimulation model to explore the distributional and poverty-related effects of price reform in the electricity sector of Mali, a poor country in West Africa. In the first part of the paper we analyze the distribution of electricity in...
Persistent link: https://www.econbiz.de/10005467340
paper studies the consequences of enterprise privatization and liberalization of product markets, labour markets, and …, privatization is estimated to have positive effects on productivity-enhancing reallocation, but there is less evidence of such …
Persistent link: https://www.econbiz.de/10005518435
This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … differences and to assess types of observable "winners" and "losers" from privatization. Pre-privatization worker-firm matches are … used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …
Persistent link: https://www.econbiz.de/10005518438