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Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/21183
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Earle, John S. | | en_US |
| dc.contributor.author | | Telegdy, Álmos | | en_US |
| dc.coverage.temporal | | 1992-1999 | | en_US |
| dc.date.accessioned | | 2009-01-28T16:20:10Z | | - |
| dc.date.available | | 2009-01-28T16:20:10Z | | - |
| dc.date.issued | | 2001 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/21183 | | - |
| dc.description.abstract | | 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 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.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | IZA Discussion paper series 326 | | en_US |
| dc.subject.jel | | P20 | | en_US |
| dc.subject.jel | | L32 | | en_US |
| dc.subject.jel | | G34 | | en_US |
| dc.subject.jel | | L33 | | en_US |
| dc.subject.jel | | G32 | | en_US |
| dc.subject.jel | | P31 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Privatization | | en_US |
| dc.subject.keyword | | ownership | | en_US |
| dc.subject.keyword | | firm performance | | en_US |
| dc.subject.keyword | | restructuring | | en_US |
| dc.subject.keyword | | transition | | en_US |
| dc.subject.keyword | | Romania | | en_US |
| dc.subject.stw | | Privatisierung | | en_US |
| dc.subject.stw | | Arbeitsproduktivität | | en_US |
| dc.subject.stw | | Unternehmensentwicklung | | en_US |
| dc.subject.stw | | Eigentümerstruktur | | en_US |
| dc.subject.stw | | Übergangswirtschaft | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | Rumänien | | en_US |
| dc.title | | Privatization and Productivity in Romanian Industry: Evidence from a Comprehensive Enterprise Panel | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 334830885 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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