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Methods of privatization and economic growth in transition economies
Bennett, John; Estrin, Saul; Urga, Giovanni - 2006
1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization … and other factors potentially relevant to growth in transition economies. It is found that 'mass privatization' is … associated with faster growth, but the other privatization methods have no significant impact. The findings suggest that in the …
Persistent link: https://www.econbiz.de/10011470765
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Methods of privatization and economic growth in transition economies
Bennett, John (contributor); Estrin, Saul (contributor);  … - 2006
1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization … and other factors potentially relevant to growth in transition economies. It is found that ‘mass privatization’ is … associated with faster growth, but the other privatization methods have no significant impact. The findings suggest that in the …
Persistent link: https://www.econbiz.de/10003342122
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Do Firms in Transition Economies Have Soft Budget Constraints? A Reconsideration of Concepts and Evidence
Schaffer, Mark E. - 2001
This paper first examines various definitions of Kornai's soft budget constraint (SBC) and the difficulties involved in interpreting data on losses, subsidies and financing, and then considers selective evidence from transition economies. Stocks of overdue trade credit are no larger than in...
Persistent link: https://www.econbiz.de/10014067071
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Does privatization hurt workers? Lessons from comprehensive manufacturing firm panel data in Hungary, Romania, Russia and Ukraine
Brown, J. David (contributor); Earle, John S. (contributor);  … - 2005
We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … workers’ fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …
Persistent link: https://www.econbiz.de/10003435299
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"Mass privatisation and the post-communist mortality crisis" : is there really a relationship?
Earle, John S.; Gehlbach, Scott - 2010
analysis shows that the estimated correlation of privatization and mortality in country-level data is not robust to recomputing … the mass-privatization measure, to assuming a short lag for economic policies to affect mortality, and to controlling for … evidence that privatization increased mortality during the early 1990s. Finally, we reanalyze the relationship between …
Persistent link: https://www.econbiz.de/10003957437
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Does privatization hurt workers? : Lessons from comprehensive manufacturing firm panel data in Hungary, Romania, Russia, and Ukraine
Brown, J. David (contributor); Earle, John S. (contributor);  … - 2006 - Rev.
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …
Persistent link: https://www.econbiz.de/10003292441
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The new grand bourgeoisie under post-communism
Szelényi, Iván - 2010
, and politics are in command. -- post-socialism ; transitional economies ; wealth ; privatization ; bourgeoisie …
Persistent link: https://www.econbiz.de/10008661801
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Privatisation methods and economic growth in transition economies
Bennett, John; Estrin, Saul; Maw, James W.; Urga, Giovanni - 2004
We investigate the impact of differences in privatisation method on national economic performance in transition economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period 1990-2001. Among our results, we find that mass...
Persistent link: https://www.econbiz.de/10011606670
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Does Privatization Hurt Workers? Lessons from Comprehensive Manufacturing Firm Panel Data in Hungary, Romania, Russia, and Ukraine
Earle, John S.; Brown, J. David; Telegdy, Almos - 2015
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …
Persistent link: https://www.econbiz.de/10014060272
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Privatisation Methods and Economic Growth in Transition Economies
Estrin, Saul; Bennett, John; Urga, Giovanni; Maw, James W. - 2004
We investigate the impact of differences in privatisation method on national economic performance in transition economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period 1990-2001. Among our results, we find that mass...
Persistent link: https://www.econbiz.de/10014070511