negative effect in Russia, and they provide some evidence of positive foreign effects on both wages and employment in all four … dominates the efficiency effect. -- privatization ; employment ; wages ; foreign ownership ; Hungary ; Romania ; Russia … large, positive, but offsetting in Hungary and Romania, and from small effects of both types in Russia and Ukraine. The …

Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated … effects of all types in Russia and Ukraine. The positive employment outcome under foreign ownership results from a substantial … effect that dominates the effect on costreduction. -- privatization ; employment ; wages ; foreign ownership ; Hungary …