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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 … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
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1995. We focus on the two primary types of ownership change in Russia: the privatization of existing state …
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or substitutability of market competition and private ownership in increasing firm efficiency. We analyze a simple … Cournot model that distinguishes two aspects of privatization interacting with market opening: privatization of a firm and … privatization of its competitors. Under plausible conditions, the model implies that privatizing a firm is a substitute for exposing …
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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 … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
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