Brown, J. David; Earle, John S.; Telegdy, Almos - 2004
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 …