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This paper provides an assessment of the contribution to privatization in Romania of the 1995-96 Mass Privatization Program (MPP), which offered shares in nearly 5000 companies to citizens in exchange for coupons. Analyzing a comprehensive database of MPP companies, we find that an average of...
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but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment …
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privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and …
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% 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 …
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Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated … effects of all types in Russia and Ukraine. The positive employment outcome under foreign ownership results from a substantial …
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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 … years after privatization to emerge in Russia. …
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privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and …
Persistent link: https://www.econbiz.de/10010288041