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efficiency such as yields, prices, subsidies, production value, inputs, costs, profits can be evaluated in case of more important …
Persistent link: https://www.econbiz.de/10005256521
subsidies have remained more important than CAP Pillar 2 subsidies, both in the structure of wine farm total income and in the … same period their participation in CAP subsidy payments was reduced much more from more than 80% to around 60%. Subsidies …
Persistent link: https://www.econbiz.de/10014502759
government's budget, especially the roles played by taxes and subsidies. This paper reviews the Hungarian fiscal situation in … taxation and the various forms of subsidy and social welfare provision. Despite the removal of many former subsidies, the paper … finds that many implicit and unjustified subsidies remain, and they continue to distort resource allocation in undesirable …
Persistent link: https://www.econbiz.de/10005136594
efficiency in New Member States before and after accession to the European Union, and in particular the role of public subsidies … the EU in 2004, and Romania, whose accession was in 2007. The study found that subsidies had a negative impact on farm …
Persistent link: https://www.econbiz.de/10005039535
Transition economies have inherited of a lot of outdated or blackwarded facilities in many industries from the socialist period. Restructuring such enterprises or industries need massive inputs of investment and technology. Privatisation and foreign direct investment provide answers to this...
Persistent link: https://www.econbiz.de/10014612385
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
In 1998, the left-of-center government of Hungary carved out a second pillar mandatory private pension system from the original mono-pillar public system. Participation in the mixed system was optional for those who were already working, but mandatory for new entrants to the workforce. About 50...
Persistent link: https://www.econbiz.de/10010494457
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 … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …
Persistent link: https://www.econbiz.de/10010494669
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
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 … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …
Persistent link: https://www.econbiz.de/10010288007