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. Privatization in a significant way has not taken place in India; nevertheless, the boundaries of the state as an industrial … growth has had a substantial impact in enhancing performance. Thus, the role of privatization as a mechanism to enhance …
Persistent link: https://www.econbiz.de/10014059550
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … job losses from privatization, and they never imply large negative effects on wages; only for domestic privatization in … Hungary and Russia are small (3-5%) negative wage effects found. Privatization to foreign investors has positive estimated …
Persistent link: https://www.econbiz.de/10014060272
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia …
Persistent link: https://www.econbiz.de/10014061804
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 percent in … it about 4 percent. Privatization to foreign rather than domestic investors has a larger impact (about 44 percent) and is …
Persistent link: https://www.econbiz.de/10014067989
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/10014070511
This paper examines the determinants of privatization in Chinese rural industry by using data that we collected from …
Persistent link: https://www.econbiz.de/10014072379
This paper examines the determinants of wage pressure in large companies, including ownership characteristics and the impact of regional labour markets. By using a panel of 329 Polish largest firms during the period 1997-2001, we find evidence of rent sharing activities, however there is also...
Persistent link: https://www.econbiz.de/10014077856
I show that political ideology was critical in shaping China's privatization wave around 2000. Based on belief … fundamental impetus for privatization and demonstrates ideology's substantial impact on corporate ownership structure …
Persistent link: https://www.econbiz.de/10013403052
purchase shares of SOEs, so it can be regarded as a privatization plan for SOEs. Using the Difference-in-Differences (DiD … suggests that privatization enhances SOE profitability by reducing redundant workers, administrative fees, and related … privatization can enhance firm performance under China's ongoing mixed-ownership reform …
Persistent link: https://www.econbiz.de/10014353509
transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries … consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The … domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude …
Persistent link: https://www.econbiz.de/10013324983