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Where Does Privatization Work? Understanding the Heterogeneity in Estimated Firm Performance Effects

Brown, J. David - 2016

Why do the reported effects of privatization on firm performance vary so much? This paper re-estimates these effects and tests potential explanations for heterogeneity using comprehensive, long-panel data for 70,000 firms in five East European economies. Estimated average effects are positive,...

Persistent link: https://www.econbiz.de/10013005452

High-growth entrepreneurship

Brown, J. David; Earle, John S.; Kim, Mee Jung; Lee, … - 2018

Analyzing data on all U.S. employers in a cohort of entering firms, we document a highly skewed size distribution, such that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little of the size variation is accounted for by industry...

Persistent link: https://www.econbiz.de/10011881435

Privatization and productivity in Romanian industry : evidence from a comprehensive enterprise panel

Earle, John S.; Telegdy, Álmos - 2001

productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 … log points for the level, and 9 to 16 for productivity growth. The strongest estimated impacts arise from sales to foreign …

Persistent link: https://www.econbiz.de/10011402871