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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 …
Persistent link: https://www.econbiz.de/10010268760
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel research design that controls for pre-privatization selection in the estimation of regional privatization … effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity. We find …
Persistent link: https://www.econbiz.de/10010269020
We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … workers' fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight … negative effect in Russia, and they provide some evidence of positive foreign effects on both wages and employment in all four …
Persistent link: https://www.econbiz.de/10010494669
ambiguous even after 5 years in Russia. Pre-privatization MFP exceeds that of firms remaining state-owned in all countries …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 …
Persistent link: https://www.econbiz.de/10010287971
Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in …
Persistent link: https://www.econbiz.de/10010288007
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. …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the …
Persistent link: https://www.econbiz.de/10010288008
privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel re-search design that controls for pre-privatization selection in the estimation of regional … privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity …
Persistent link: https://www.econbiz.de/10010288041
paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports … in the former Soviet Republics of Russia and Ukraine. Analyzing interfirm reallocation of output, labor, capital, and an … input index with annual industrial census data from 1985 to 2001, we find that Soviet Russia displayed low reallocation …
Persistent link: https://www.econbiz.de/10010261809
advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10010271756
Persistent link: https://www.econbiz.de/10014545912