Showing 1 - 10 of 9,507
. Finally, we provide an explanation for why the gradual reform strategy worked well for China, while this is much less so for …
Persistent link: https://www.econbiz.de/10010326523
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
Persistent link: https://www.econbiz.de/10010302341
Wohnen wird – zumindest in einigen Städten – zum Luxusgut, bezahlbarer Wohnraum zur Mangelware. Die Wohnungsbaupolitik muss drastisch verändert werden. Sollte der soziale Wohnungsbau ausgebaut, die Mietpreisbremse verschärft werden oder – im Gegenteil – auf beides weitgehend...
Persistent link: https://www.econbiz.de/10012018008
Using data on 451 Chinese privatizations over the period 1994-2002, this paper empirically investigates the firm and stock market characteristics that detfirmine the size of the portion of new shares sold to the general public and underpricing at SIP-time. We find that poor perfirmance and...
Persistent link: https://www.econbiz.de/10010313366
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …
Persistent link: https://www.econbiz.de/10010318608
We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find … that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated …
Persistent link: https://www.econbiz.de/10010271757
process. Particularly, it analyzes the symbiotic link between share issue privatization (SIP), i.e. privatization in public … policy recommendations in order to achieve the same goal in the People's Republic of China (PRC). …
Persistent link: https://www.econbiz.de/10010312583
. Martin Feldstein's pro-privatization rhetoric relative to Social Security is first analyzed. A subsequent comparison his … rhetoric to that of George W. Bush concludes that both the political and the economic rhetoric of Social Security privatization …
Persistent link: https://www.econbiz.de/10010288065
China and India, two Asian countries that experienced a rapid decline in fertility since the middle of the twentieth … is that, under the same plausible parameter settings, the optimal paths for China and India differ substantially … developments, followed a path closer to the optimal fertility transition than China, where the fertility decline was state …
Persistent link: https://www.econbiz.de/10014540140