-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

In this paper, we evaluate what we have learned to date about the effects of privatization from the experiences during … separately the impact of privatization on efficiency, profitability, revenues, and other indicators and distinguish between … privatization is mostly positive in Central Europe, but quantitatively smaller than that to foreign owners and greater in the later …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …

This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …

This paper evaluates the impact of privatization on firm employment using a panel dataset of 386 firms in China in the … the dynamic impact of privatization on employment growth and find that the performance of privatized firms improves over … time. These findings are robust even after we control other performance and financial variables as well as the pre-privatization …

shows that the estimated correlation of privatization and mortality in country-level data is not robust to recomputing the … mass-privatization measure, to assuming a short lag for economic policies to affect mortality, and to controlling for … evidence that privatization increased mortality during the early 1990s. Finally, we reanalyze the relationship between …

This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … the data is used to measure and control for pre-privatization selection bias and to estimate long-run impacts. The data … imply steadily increasing MFP as a result of domestic privatization, reaching about 25 percent relative to state-owned firms …

This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …