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transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10010268760
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 … negative effect in Russia, and they provide some evidence of positive foreign effects on both wages and employment in all four …
Persistent link: https://www.econbiz.de/10010494669
ambiguous even after 5 years in Russia. Pre-privatization MFP exceeds that of firms remaining state-owned in all countries …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% in Romania, 22 …
Persistent link: https://www.econbiz.de/10010287971
Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …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 …
Persistent link: https://www.econbiz.de/10010288007
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. …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the …
Persistent link: https://www.econbiz.de/10010288008
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10003755531
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 …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the …
Persistent link: https://www.econbiz.de/10003311836
dominates the efficiency effect. -- privatization ; employment ; wages ; foreign ownership ; Hungary ; Romania ; Russia …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 …
Persistent link: https://www.econbiz.de/10003435299