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We investigate whether privatization, competitive forces, and hardening of budget constraints have yet begun to play … impact of privatization on labor productivity: in our basic specifications, we estimate that a ten percentage point increase … models, the effect is usually small and rarely precisely estimated. We find some evidence that privatization and subsidy …
Persistent link: https://www.econbiz.de/10014060405
The aim of the present paper is to discuss the role of the Mass Privatization Programme (MPP) in Poland, as a vehicle …, as a novel way of effective privatization of firms involved coupled with their overhaul and in-depth restructuring …. Unlike similar mass privatization schemes in other transition economies (e.g. Russia, Czech Republic or Slovakia) the Polish …
Persistent link: https://www.econbiz.de/10011455113
governmental level. Here the privatization program--leading to restructuring or not--is designed. Transition governments are in a …
Persistent link: https://www.econbiz.de/10014217024
Persistent link: https://www.econbiz.de/10003764032
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Eastern Europe due to the injection of foreign direct investment as privatization programs continue. Large investments from … convergence. Telecom is a fine example of a industry realizing growth due to the pairing of privatization and technology. The main … purpose of this paper is to analyze the strategy behind energy sector de-monopolization via the continued privatization and …
Persistent link: https://www.econbiz.de/10014192088
Tax sharing arrangements provide considerable financial resources to sub-central government levels. This statement is true both for unitary and federal states although tax revenue sharing mechanisms differ significantly across countries. The basic aim of this article is to compare the mechanisms...
Persistent link: https://www.econbiz.de/10012010932
The present paper aims to provide some new evidence on how the insiders, i.e. employees of portfolio companies, view the Polish mass privatisation scheme. Based on two inquiries conducted in selected NIF firms in 1996 and 1998, it simultaneously offers a comparative analysis of the changes in...
Persistent link: https://www.econbiz.de/10011455107
policy towards a more active role of the state, and use privatization policy as an example. The authors examine the effects … of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse … the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not …
Persistent link: https://www.econbiz.de/10011706387
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