Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/21183
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dc.contributor.authorEarle, John S.en_US
dc.contributor.authorTelegdy, Álmosen_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 privatizationtransactions and labor productivity for the entire surviving population of initially state-ownedindustrial corporations in Romania. The data permit us to describe the post-privatizationownership structure and to test the effect of alternative privatization policies on firmperformance in a panel framework. The results of OLS, LAD, and fixed-effects estimationsconsistently show a positive, highly significant effect of private ownership share on the leveland 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 toforeign and domestic blockholders, but insider and mass privatization are also estimated tohave positive, although smaller, impacts on firm performance.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x326en_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.ppn843983930en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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