Brown, J. David; Earle, John S.; Telegdy, Almos - 2005
models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … estimates are robust to alternative functional forms, but sensitive to how we control for selection. Our preferred random growth …. Positive domestic effects appear within a year in Hungary, Romania, and Ukraine and continue growing thereafter, but take 5 …