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This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a … long panel on all initially state-owned manufacturing firms in Ukraine. The large size and length of the time series in the … data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells …
Persistent link: https://www.econbiz.de/10011309155
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … years after privatization to emerge in Russia. -- privatization ; productivity ; foreign ownership ; random growth model …
Persistent link: https://www.econbiz.de/10003311836
This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … after six years. Until recently, Ukraine has had relatively few cases of privatization to foreign investors, and estimates … produces a productivity advantage of about 40 percent in 2004–2005. -- productivity ; privatization ; selection bias ; foreign …
Persistent link: https://www.econbiz.de/10003633914
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe … number of explanations for "when privatization works". -- privatization ; productivity ; foreign ownership ; Hungary … employing a wide variety of measurement approaches, we estimate that majority privatization raises MFP about 28% in Romania, 22 …
Persistent link: https://www.econbiz.de/10002836325
This paper estimates the effect of privatization on multifactor productivity using comprehensive panel data on … percent in Hungary, and 2 percent in Ukraine, but a -3 percent effect in Russia. The foreign privatization effect is larger … controls. Our preferred random growth estimates imply positive multifactor productivity effects of 15 percent in Romania, 8 …
Persistent link: https://www.econbiz.de/10012750613
This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … after six years. Until recently, Ukraine has had relatively few cases of privatization to foreign investors, and estimates … panel data for nearly the universe of initially state-owned manufacturing firms in Ukraine. The longitudinal dimension of …
Persistent link: https://www.econbiz.de/10012707760
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our …
Persistent link: https://www.econbiz.de/10014061804
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 percent in … Romania, 22 percent in Hungary, and 3 percent in Ukraine, with some variation across specifications, while in Russia it lowers …
Persistent link: https://www.econbiz.de/10014067989
Persistent link: https://www.econbiz.de/10012172406
Comprehensive panel data on privatization transactions and labor productivity in Romanian industrial corporations are … used to describe the post-privatization ownership structure, and to estimate the effect of Romania's diverse privatization … ownership on labor productivity growth, the point estimates implying an increased 1.0 to 1.7 percentage growth for a 10 percent …
Persistent link: https://www.econbiz.de/10014122588