regional differences in early privatization as instruments to estimate the effect of small enterprises on income distribution …. Early privatization is a plausible source of variation in small enterprises because it can either foster or deter entry and ….25 percentage points in the Russian regions between 1995 and 2001. Our results suggest that early privatization in Poland was more …

large, independent effects on efficiency: in 1993, a full privatization is estimated to increase plant-level total factor … productivity by 23 percentage points. Even without privatization, however, eliminating soft loans could raise total factor …

estimate price-cost margins and to analyze how these are affected by privatization and increased competitive pressure. The … estimating firm performance, by making use of the properties of the primal and dual Solow residual. We find that privatization is … domestic privatized firms. Our results suggest that the sequencing of reforms, such as demonopolization prior to privatization …

We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization depends … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …

determining the value of the firm in the event of privatization. We consider how bank decisions interact with those of … governmental leaders and firm managers and ultimately determine the attractiveness of privatization. We also analyze the conditions … under which shutdown might be preferred to privatization as a method to divest of government-owned firms. We find that this …

Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …

privatization should be privatized first. The validity of the theoretical resultis tested on a firm level panel data set constructed … from Bulgarian Privatization Agencydocuments. The empirical estimation confirms that firms with larger gaps between their … average after privatization profits and before privatization profits are privatized sooner. …

-scale privatization economy (Czech Republic). Using specifications based on first-differences and unique instrumental variables, we find … that few types of private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic …