Showing 1 - 10 of 102
; 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 …
Persistent link: https://www.econbiz.de/10003311836
; 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 …
Persistent link: https://www.econbiz.de/10002836325
This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a …
Persistent link: https://www.econbiz.de/10011309155
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …. -- Productivity ; welfare ; reallocation ; technology ; TFP …
Persistent link: https://www.econbiz.de/10003925275
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 …
Persistent link: https://www.econbiz.de/10009535843
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 …
Persistent link: https://www.econbiz.de/10003914097
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 …
Persistent link: https://www.econbiz.de/10003633914
productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 … log points for the level, and 9 to 16 for productivity growth. The strongest estimated impacts arise from sales to foreign …
Persistent link: https://www.econbiz.de/10011402871
How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
Persistent link: https://www.econbiz.de/10011415087
productivity effects of gross job flow rates before and after reforms. Job creation was low throughout the period in this sector …, but increased slightly during the transition, while job destruction rose markedly. Heterogeneity in firm employment change … also increased significantly. Intra- and inter-sectoral job reallocation had no effect on aggregate labor productivity …
Persistent link: https://www.econbiz.de/10011403410