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It is argued in this note that state-ownership and state-management of oil on behalf of the Iraqi people is not conducive to democracy and inconsistent with the principles of free market. Thus, we argued that state-ownership of oil (and gas) resources can adversely affect economic development...
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in the former Soviet Republics of Russia and Ukraine. Analyzing interfirm reallocation of output, labor, capital, and an … input index with annual industrial census data from 1985 to 2001, we find that Soviet Russia displayed low reallocation …
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but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment …
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