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Regulatory agencies : impact on firm performance and social welfare

Estache, Antonio; Rossi, Martin A. - Economics Research, World Bank Group - 2008

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

Does Privatization Raise Productivity? Evidence from Comprehensive Panel Data on Manufacturing Firms in Hungary, Romania, Russia, and Ukraine

Brown, J. David; Earle, John S.; Telegdy, Almos - W.E. Upjohn Institute for Employment Research - 2004

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

The microeconomics of creating productive jobs : a synthesis of firm-level studies in transition economies

Brown, J. David; Earle, John S. - Economics Research, World Bank Group - 2006

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

Does Privatization Hurt Workers? Lessons from Comprehensive Manufacturing Firm Panel Data in Hungary, Romania, Russia, and Ukraine

Brown, J. David; Earle, John; Telegdy, Almos - Centre for Economic Reform and Transformation, School … - 2005

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

Privatization and Regulatory Reform in Brazil: The Case of Freight Railways

Estache, Antonio; Goldstein, Andrea; Pittman, Russell - EconWPA - 2001

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

Electricity Reforms in Mali: A Macro–Micro Analysis of the Effects on Poverty and Distribution

Boccanfuso, Dorothée; Estache, Antonio; Savard, Luc - Département d'économique, Faculté d'administration - 2007

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

Economic Reforms and Productivity-Enhancing Reallocation in the Post-Soviet Transition

Brown, J. David; Earle, John - Centre for Economic Reform and Transformation, School … - 2004

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

Wages, Layoffs, and Privatization: Evidence from Ukraine

Brown, J. David; Earle, John; Vakhitov, Vladimir - Centre for Economic Reform and Transformation, School … - 2006

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

Does Privatization Raise Productivity? Evidence from Comprehensive Panel Data on Manufacturing Firms in Hungary, Romania, Russia, and Ukraine

Brown, J. David; Earle, John; Telegdy, Almos - Centre for Economic Reform and Transformation, School … - 2004

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% in Romania, 22 …%. Privatization to foreign rather than domestic investors has a larger impact (about 44%) and is much more consistent across countries …

Persistent link: https://www.econbiz.de/10005518439

Job Reallocation and Productivity Growth in the Ukrainian Transition

Brown, J. David; Earle, John - Centre for Economic Reform and Transformation, School … - 2004

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 a substantial increase in heterogeneity during this transition period, with a...

Persistent link: https://www.econbiz.de/10005518446