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long panel on all initially state-owned manufacturing firms in Ukraine. The large size and length of the time series in the … data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years …
Persistent link: https://www.econbiz.de/10011309155
Persistent link: https://www.econbiz.de/10011819429
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving …
Persistent link: https://www.econbiz.de/10010262088
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 … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …
Persistent link: https://www.econbiz.de/10010494669
This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … differences and to assess types of observable 'winners' and 'losers' from privatization. Preprivatization worker-firm matches are … used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …
Persistent link: https://www.econbiz.de/10010287960
after six years. Until recently, Ukraine has had relatively few cases of privatization to foreign investors, and estimates …This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long … panel data for nearly the universe of initially state-owned manufacturing firms in Ukraine. The longitudinal dimension of …
Persistent link: https://www.econbiz.de/10010287966
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 …% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 …
Persistent link: https://www.econbiz.de/10010287971
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/10010288007
models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … it lowers it 3%. Privatization to foreign rather than domestic investors has a larger impact, 18-35%, in all countries …
Persistent link: https://www.econbiz.de/10010288008