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dc.contributor.authorEarle, John S.en_US
dc.contributor.authorTelegdy, Álmosen_US
dc.coverage.temporal1992-1999en_US
dc.date.accessioned2009-01-28T16:20:10Z-
dc.date.available2009-01-28T16:20:10Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/21183-
dc.description.abstractWe 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 performance in a panel framework. The results of OLS, LAD, and fixed-effects estimations consistently show a positive, highly significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 log points for the level, and 9 to 16 for productivity growth. The strongest estimated impacts arise from sales to foreign and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller, impacts on firm performance.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 326en_US
dc.subject.jelP20en_US
dc.subject.jelL32en_US
dc.subject.jelG34en_US
dc.subject.jelL33en_US
dc.subject.jelG32en_US
dc.subject.jelP31en_US
dc.subject.ddc330en_US
dc.subject.keywordPrivatizationen_US
dc.subject.keywordownershipen_US
dc.subject.keywordfirm performanceen_US
dc.subject.keywordrestructuringen_US
dc.subject.keywordtransitionen_US
dc.subject.keywordRomaniaen_US
dc.subject.stwPrivatisierungen_US
dc.subject.stwArbeitsproduktivitäten_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwEigentümerstrukturen_US
dc.subject.stwÜbergangswirtschaften_US
dc.subject.stwSchätzungen_US
dc.subject.stwRumänienen_US
dc.titlePrivatization and Productivity in Romanian Industry: Evidence from a Comprehensive Enterprise Panelen_US
dc.typeWorking Paperen_US
dc.identifier.ppn334830885en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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