productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to …

but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment …

, efficiency and wages. We argue that other objectives, such as revenue maximization or bribe collection were of secondary … not find such discrepancies in the expected change in firm efficiency, as the simulated efficiency effect of privatization … the key role in selecting firms for privatization, even if efficiency gains had to be sacrificed. …

information known to politicians at the time of decision making - and the effect of privatization on employment, efficiency and … with OLS. We do not find such discrepancies in the expected change in firm efficiency; the simulated efficiency effect of … efficiency gains had to be sacrificed. …

payments. These results are consistent with minimization of employment losses, even if efficiency enhancement of privatization … conditions in Romania which brought about large employment losses during the first several years of economic transition. …

countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are … large, positive, but offsetting in Hungary and Romania, and from small effects of both types in Russia and Ukraine. The … dominates the efficiency effect. …

Russia, Romania, and Estonia to measure nonstandard, boundary forms and alternative definitions of labor force status. Our … much lower in Romania and slightly lower in Estonia, and alternative unemployment rates that are sharply higher in Romania …