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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. -- privatization ; productivity ; foreign ownership ; random growth model … ; transition ; Hungary ; Romania ; Russia ; Ukraine …
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large, positive, but offsetting in Hungary and Romania, and from small effects of both types in Russia and Ukraine. The … dominates the efficiency effect. -- privatization ; employment ; wages ; foreign ownership ; Hungary ; Romania ; Russia …We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to …
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% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 … ambiguous even after 5 years in Russia. Pre-privatization MFP exceeds that of firms remaining state-owned in all countries …We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe …
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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 … ; Romania ; Russia ; Ukraine …
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% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 … ambiguous even after 5 years in Russia. Pre-privatization MFP exceeds that of firms remaining state-owned in all countries … ; Romania ; Russia ; Ukraine ; transition …
Persistent link: https://www.econbiz.de/10002836325