data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …

data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …

the negligible consequences of domestic privatization result from effects on scale, productivity, and costs that are large … transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The …

privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization … effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find …

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 …