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This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a … long panel on all initially state-owned manufacturing firms in Ukraine. The large size and length of the time series in the … data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells …
Persistent link: https://www.econbiz.de/10011309155
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permits us … to describe the post-privatization ownership structure and to test the effect of alternative privatization policies on …
Persistent link: https://www.econbiz.de/10013320899
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm …
Persistent link: https://www.econbiz.de/10010262532
We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm …
Persistent link: https://www.econbiz.de/10011402871
Why do the reported effects of privatization on firm performance vary so much? This paper re-estimates these effects …, but they vary across countries and time periods. Our analysis of heterogeneity in privatization effectiveness finds little …
Persistent link: https://www.econbiz.de/10013005452
-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows … sources and limits of productivity growth. The data suggests that the factory was not far from the competitive optimum given …
Persistent link: https://www.econbiz.de/10013319578
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
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
estimation of production functions together with information on prices and quantities to estimate physical productivity, markups …
Persistent link: https://www.econbiz.de/10011548253
The authors provide evidence on the impact of foreign ownership on labor market outcomes analyzing pay differences between foreign-acquired and domestically owned firms. For this purpose, they use firm-level data from 16 European countries over the time period 19992006. Combing propensity score...
Persistent link: https://www.econbiz.de/10010309046