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 …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … to describe the post-privatization ownership structure and to test the effect of alternative privatization policies on … sales to foreign and domestic blockholders, but insider and mass privatization are also estimated to have positive, although …

1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization … and other factors potentially relevant to growth in transition economies. It is found that ‘mass privatization’ is … associated with faster growth, but the other privatization methods have no significant impact. The findings suggest that in the …

We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb-Douglas production functions display …

China …

data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …

Why do the reported effects of privatization on firm performance vary so much? This paper re-estimates these effects …, but they vary across countries and time periods. Our analysis of heterogeneity in privatization effectiveness finds little …

Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was … explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that … includes all firms inherited from socialism, we estimate the relation between pre-privatization firm characteristics the …