Bennett, John; Estrin, Saul; Maw, James; Urga, Giovanni - C.E.P.R. Discussion Papers - 2004
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 …