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from transition economies to investigate the effects of large-scale privatization and the barriers to the establishment of … new firms. It finds that large-scale privatization positively affects the formation of new firm, but such effects … disappear as the costs of start-up increase. These results imply that both privatization and favorable business environments are …
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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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How fast transition should occur and how fast privatization and/or entry should take place in formerly socialist …
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