Brown, J. David; Earle, John S.; Telegdy, Almos - 2004
employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28% in Romania, 22 …% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 … ambiguous even after 5 years in Russia. Pre-privatization MFP exceeds that of firms remaining state-owned in all countries …