Showing 1 - 10 of 27
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …
Persistent link: https://www.econbiz.de/10010262532
We explore the impact of privatization and the entry of new firms on enterprise performance in Belarus, a transition …
Persistent link: https://www.econbiz.de/10010267876
estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased …
Persistent link: https://www.econbiz.de/10010313301
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe … employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28% in Romania, 22 …%. Privatization to foreign rather than domestic investors has a larger impact (about 44%) and is much more consistent across countries …
Persistent link: https://www.econbiz.de/10010287971
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … it lowers it 3%. Privatization to foreign rather than domestic investors has a larger impact, 18-35%, in all countries …
Persistent link: https://www.econbiz.de/10010288008
economy in those countries. In the case of Mongolia, not only non-viable enterprises closed down, but many possibly viable … into the development of TFP in Mongolia. Simulations are performed to see what happens with TFP if not the le! ast … Productivity of Mongolia was tested not only for errors in all estimated values but also for measurement errors in the data. It was …
Persistent link: https://www.econbiz.de/10010325301
This paper offers an explanation for variations in the effectiveness of trade unions to obtain legislative and policy concessions in peak-level tripartite negotiations in post-communist East Central Europe. I examine the usefulness of some standard interpretations for such variations, namely...
Persistent link: https://www.econbiz.de/10010296048
Most transition countries used tax-supported wage norms in the early 1990's, as a part of their market liberalization programs. This paper analyses how a firm-level tax (or subsidy) on deviations from a pre-set wage norm may promote employment by rotating the labor demand curve perceived by the...
Persistent link: https://www.econbiz.de/10011506729
The debate on the privatization of enterprises in Eastern Europe often presumes that enterprises are still controlled … adopt a myopic attitude, and neglect the long-run profitability of their firms. Centrally organized privatization programs …. However, such privatization programs challenge the present position of managers, workers, and local bureaucrats. The insiders …
Persistent link: https://www.econbiz.de/10010305388
Persistent link: https://www.econbiz.de/10010306686