policy towards a more active role of the state, and use privatization policy as an example. The authors examine the effects … of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse … the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not …

We analyze the role of privatization in creating a constituency for economic reform, markets, and democratic … privatization, we find positive effects for participants retaining shares, but little impact of participation alone. Our simulations …

Comprehensive panel data on privatization transactions and labor productivity in Romanian industrial corporations are … used to describe the post-privatization ownership structure, and to estimate the effect of Romania's diverse privatization … transfers and mass privatization are estimated to have significantly smaller-although still positive-effects on firm performance. …

We investigated the effects of privatization on hospital efficiency in Germany. To do so, we obtained bootstrapped DEA … associated with an increase in efficiency of between 3.2 and 5.4%. We defined four alternative post-privatization periods and …

Privatization has certainly been one of the main events of the economic and financial history of the 20th century …. Between 1997 and 2004 more than 4,000 privatization operations were carried out in the world, bringing to governments revenues … factors. This paper investigates the causes of this process, summarizes the main trends of privatization activity at the …

estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased …

This paper studies privatization policy in an international oligopoly. The argument that equal treatment of foreign … relevant in privatization auctions than in greenfield FDI models, since these profit shifts are partly paid for by the foreign …