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with few competitors had less turnover as well. 2) Managerial change and privatisation do not appear to play a role on … productivity in privatised firms only. 4) These findings suggest that privatisation, competition and managerial change are …
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In this essay, we explore cultural impacts on the private entrepreneurship in the post-Doi Moi Vietnam. Some important aspects of the traditional cultural values of the Vietnamese society are explored in conjunction with the socio-economic changes over the past two decades. Traditional cultural...
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The paper introduces insights into a methodology for developing regulation applicable to networked industries. Following telecommunications, the energy industry is most apt to undergo significant structural and regulatory reforms as a function technological advancement. The application of this...
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We construct and analyze a unique database with 1992-99 information on privatization transactions and labor productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to describe the post-privatization ownership structure and...
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We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially stateowned manufacturing firms in four economies. Controlling for firm and industry-year fixed effects and employing a wide variety of measurement approaches, we...
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