Showing 1 - 10 of 28,170
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/10005030683
the negligible consequences of domestic privatization result from effects on scale, productivity, and costs that are large … 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 …
Persistent link: https://www.econbiz.de/10005649911
This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … differences and to assess types of observable "winners" and "losers" from privatization. Preprivatization worker-firm matches are … used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …
Persistent link: https://www.econbiz.de/10005030687
This paper estimates the effects of privatization on worker separations and wages using retrospective data from a … differences and to assess types of observable "winners" and "losers" from privatization. Pre-privatization worker-firm matches are … used to control for unobservables in worker and firm selection. The results imply that privatization reduces wages by 5 …
Persistent link: https://www.econbiz.de/10005518438
occupation) and firms (size, industry, and productivity), suggesting ownership type is systematically selected along these …
Persistent link: https://www.econbiz.de/10005141966
We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … workers' fears, our fixed effect and random trend estimates imply little effect of domestic privatization, except for a slight … countries. The negligible employment impact of domestic privatization results from effects on efficiency and scale that are …
Persistent link: https://www.econbiz.de/10005157524
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our …
Persistent link: https://www.econbiz.de/10005292578
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the … models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our …
Persistent link: https://www.econbiz.de/10005030679
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 … Romania, 22 percent in Hungary, and 3 percent in Ukraine, with some variation across specifications, while in Russia it lowers …
Persistent link: https://www.econbiz.de/10005116752
occupation) and firms (size, industry, and productivity), suggesting ownership type is systematically selected along these …
Persistent link: https://www.econbiz.de/10005157528