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but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment … 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 …
Persistent link: https://www.econbiz.de/10010268760
large, positive, but offsetting in Hungary and Romania, and from small effects of both types in Russia and Ukraine. The …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 …
Persistent link: https://www.econbiz.de/10010494669
employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28% in Romania, 22 …% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 …. The positive effects emerge within a year in Hungary, Romania, and Ukraine and continue to grow thereafter, but are still …
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 … effects of all types in Russia and Ukraine. The positive employment outcome under foreign ownership results from a substantial …We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to …
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 …. Positive domestic effects appear within a year in Hungary, Romania, and Ukraine and continue growing thereafter, but take 5 … years after privatization to emerge in Russia. …
Persistent link: https://www.econbiz.de/10010288008
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Belarus, Russia and Ukraine as well as in China. For each country, it provides a forecast relating to GDP growth, inflation … positive growth figures recorded by the global economy as a whole. Central and Eastern Europe, together with Russia, Ukraine … membership are heterogeneous. Three of them, Bulgaria, Croatia and Romania, have acquired candidate status; their economies are …
Persistent link: https://www.econbiz.de/10012100044