In this paper we examine the relationship between wages, labour productivity and ownership using a linked employer … and study wage and productivity differences. The raw wage differential between foreign and domestically owned firms is … ownership premia are more prevalent in older and less technologically advanced firms. Joint estimation of productivity and wage …

Why do the reported effects of privatization on firm performance vary so much? This paper re-estimates these effects …, but they vary across countries and time periods. Our analysis of heterogeneity in privatization effectiveness finds little …

We study how ownership affects productivity. Privatization of state-owned enterprises (SOEs) was a major economic … exploit a lag structure in the timing of ownership changes (i.e., privatization/liquidation takes time to implement). Results … suggest private firms are 53% more productive than SOEs on average, but the benefits of privatization take several years to …

We estimate the effects of privatization on zombie versus healthy state-owned enterprises (SOEs) in China, extending … productivity and TFP, reduces bank and government subsidies, alleviates leverage and administrative expenses, improves liquidity … privatization of underperforming, zombie-like entities can lead to substantial economic improvements and greater efficiency …

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 …

level (for given productivity) and the degree of rent sharing. Rent sharing is very pronounced in state-owned firms but far …

within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … firms using initial labor productivity to indicate firms’ competitiveness. Our results highlight that firms with higher … baseline productivity are more likely to be privatized, yield higher sales prices, are more often acquired by West German …