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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
1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization … and other factors potentially relevant to growth in transition economies. It is found that ‘mass privatization’ is … associated with faster growth, but the other privatization methods have no significant impact. The findings suggest that in the …
Persistent link: https://www.econbiz.de/10003342122
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/10011324983
1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization … and other factors potentially relevant to growth in transition economies. It is found that 'mass privatization' is … associated with faster growth, but the other privatization methods have no significant impact. The findings suggest that in the …
Persistent link: https://www.econbiz.de/10011470765
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/10005385471
excel. Our study is the first in the privatization literature to go beyond performance comparisons and examine firm …
Persistent link: https://www.econbiz.de/10013022955
We investigate, using dynamic panel data techniques, the impact of differences in privatization methods, and in private … sector and capital market development, on economic growth in transition economies. Mass privatization is found to be the only … privatization method to have had a significant positive effect on growth. Stock market development has also had a significant …
Persistent link: https://www.econbiz.de/10005067521
explain those particularities by the different methods of banking sector privatization, the different approaches for solving …
Persistent link: https://www.econbiz.de/10013156628
ownership structures. Additionally, we find that privatization levels have had positive growth effects, while privatization …
Persistent link: https://www.econbiz.de/10013159875
addition, rapid progress in bank privatization and consolidation took place in the late 1990s and early 2000s, usually with the …
Persistent link: https://www.econbiz.de/10013056272