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This paper studies relations between availability of skilled workers and creation of private firms in transition economies using a dynamic general equilibrium model. It shows how the lack of skilled workers lowers the rate of creation of private firms by increasing wages and hence lowering...
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Recent policy discussions have debated whether governments should treat state-owned and private enterprises equally or adopt different policies towards each type of enterprise. Such questions are pertinent for difficult economic climates in which government subsidy towards struggling state-owned...
Persistent link: https://www.econbiz.de/10012866797
privatization in the presence of the environmental pollution. When the residents' environmental preference is introduced to the … public firm's objective function, we mainly find that privatization may increase the public firm's output, decrease the … studies on privatization. Moreover, Cournot competition and Stackelberg competition are separately analyzed to show that our …
Persistent link: https://www.econbiz.de/10013061676
In the hierarchy of China's state sector, both before and during the current reform period, government bureaucrats …
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theory of irreversible choice under uncertainty. Our empirical evidence suggests that the accelerating tax effects are much …
Persistent link: https://www.econbiz.de/10010357923
theory of irreversible choice under uncertainty. Our empirical evidence suggests that the accelerating tax effects are much …
Persistent link: https://www.econbiz.de/10010422257
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