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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 …
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privatization in postcommunist Russia. Taking advantage of large regional variation in the size of public administrations, and … employing a multilevel re-search design that controls for pre-privatization selection in the estimation of regional … privatization effects, we examine the relationship between state bureaucracy and the impact of privatization on firm productivity …
Persistent link: https://www.econbiz.de/10010288041
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 …
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