years after privatization. Contrary to the increasing empirical evidence for non-transition economies, our privatized firms … privatization were country effects, timing of the privatization sales, industry classification, and state ownership after … privatization. Our findings are consistent with the empirical evidence that the transition process proved to be more difficult than …

Discusses the policies, practices and outcomes of privatization in six transition economies: the Czech Republic …, Hungary, Poland, Russia, Slovenia and Ukraine, paying particular attention to cross-country differences and to interrelations …