Showing 51 - 60 of 99,872
This paper estimates the effect of privatization on multifactor productivity using comprehensive panel data on … percent in Hungary, and 2 percent in Ukraine, but a -3 percent effect in Russia. The foreign privatization effect is larger … continue growing thereafter, but only emerge five years after privatization in Russia …
Persistent link: https://www.econbiz.de/10012750613
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
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012287966
This paper discusses the most important theoretical contributions to the literature on privatization, focusing on … emerging economies, and gives a summary on recent research concerning the ways privatization might affect the development of … privatization and the reduction in social welfare and the possibility that the privatization process itself may have conflicting …
Persistent link: https://www.econbiz.de/10011589468
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....
Persistent link: https://www.econbiz.de/10011606525
We investigate the impact of differences in privatisation method on national economic performance in transition economies. Our approach is to estimate, using dynamic panel data methods, a growth equation over 23 countries for the period 1990-2001. Among our results, we find that mass...
Persistent link: https://www.econbiz.de/10011606670
Twenty years of debate regarding the restructuring of the Chinese freight railway have failed to yield a consensus. Early policy statements favoring the creation of above-the-rail competition over a monopoly infrastructure – the “European” model of rail restructuring – have broadened...
Persistent link: https://www.econbiz.de/10012913165
-scale privatization in Russia. The analysis shows that although employee buyouts have helped to reduce unemployment and prevent major …
Persistent link: https://www.econbiz.de/10014221198
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 …
Persistent link: https://www.econbiz.de/10014122588