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Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated … result from effects on scale, productivity, and costs that are large but offsetting in Hungary and Romania, and from small … effect that dominates the effect on costreduction. -- privatization ; employment ; wages ; foreign ownership ; Hungary …
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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 … ; transition ; Hungary ; Romania ; Russia ; Ukraine …
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large, positive, but offsetting in Hungary and Romania, and from small effects of both types in Russia and Ukraine. The … dominates the efficiency effect. -- privatization ; employment ; wages ; foreign ownership ; Hungary ; Romania ; Russia …
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% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 …. The positive effects emerge within a year in Hungary, Romania, and Ukraine and continue to grow thereafter, but are still …
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