; transition ; Hungary ; Romania ; Russia ; Ukraine …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …

; Romania ; Russia ; Ukraine ; transition …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 …

controls. Our preferred random growth estimates imply positive multifactor productivity effects of 15 percent in Romania, 8 …This paper estimates the effect of privatization on multifactor productivity using comprehensive panel data on … (18-35 percent) in all countries. Positive domestic effects appear immediately in Hungary, Romania, and Ukraine and …

This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … 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 …

We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe … Romania, 22 percent in Hungary, and 3 percent in Ukraine, with some variation across specifications, while in Russia it lowers … much more consistent across countries. The positive effects emerge within a year in Hungary, Romania, and Ukraine and …

This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …

total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … while taking prices parametrically. This result justifies total factor productivity (TFP) as the right summary measure of …

This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … produces a productivity advantage of about 40 percent in 2004–2005. -- productivity ; privatization ; selection bias ; foreign …