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Privatization promotes economic efficiency and growth, thereby reinforcing macroeconomic adjustment. In the short run … impacts and the fiscal implications of privatization. It then reviews various methods of privatization and finds that public …` options for mitigating the social impact of privatization are surveyed, and experiences under adjustment programs reviewed …
Persistent link: https://www.econbiz.de/10013317697
This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies … is reviewed, along with the question of whether privatization efforts support or hinder de novo private sector …
Persistent link: https://www.econbiz.de/10013317741
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … to describe the post-privatization ownership structure and to test the effect of alternative privatization policies on … sales to foreign and domestic blockholders, but insider and mass privatization are also estimated to have positive, although …
Persistent link: https://www.econbiz.de/10013320899
Many comparisons of the performance of public and private producers use a public/private ownership dummy variable to capture cost differences in cross section data. This is appropriate if the producer choice is random. The dummy variable model is, however, logically inconsistent if the producer...
Persistent link: https://www.econbiz.de/10011586275
privatization in different countries. The discussed effects include: effects on consumers, tax-payers, workers, shareholders; on …
Persistent link: https://www.econbiz.de/10010960463
almost independent products or products that are close substitutes. Privatization of the public firm is socially beneficial …
Persistent link: https://www.econbiz.de/10005385320
This paper empirically analyzes the political and economic objectives underlying privatization on the stock market … on the issue. The paper has two main findings. Fist, larger initial returns occurred in the early stages of privatization …
Persistent link: https://www.econbiz.de/10005022378
-experiment in the OECD: the privatization of many network industries (e.g. telecommunications and utilities). We present a model … labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data … on several network industries and find that privatization can account for a significant proportion of the fall of labor …
Persistent link: https://www.econbiz.de/10005151023
spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress …
Persistent link: https://www.econbiz.de/10009651522
The core events which took place last year and which are related to the issues under consideration are the approval of a new three year privatisation programme for 2014–2016, including corporate control of market transactions associated with Rosneft and Gazprom, as well as the restructuring of...
Persistent link: https://www.econbiz.de/10010813814