Brown, J. David; Earle, John; Telegdy, Almos - Centre for Economic Reform and Transformation, School … - 2005
models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …. Positive domestic effects appear within a year in Hungary, Romania, and Ukraine and continue growing thereafter, but take 5 … years after privatization to emerge in Russia. …