Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35042 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorBrown, J. Daviden
dc.contributor.authorEarle, John S.en
dc.contributor.authorTelegdy, Álmosen
dc.date.accessioned2008-09-29-
dc.date.accessioned2010-07-07T11:32:53Z-
dc.date.available2010-07-07T11:32:53Z-
dc.date.issued2008-
dc.identifier.piurn:nbn:de:101:1-2008100865en
dc.identifier.urihttp://hdl.handle.net/10419/35042-
dc.description.abstractWe use longitudinal methods and universal panel data on 30,000 initially state-owned manufacturing firms in four transition economies to estimate the impacts of privatization on employment and wages. The results in all four countries consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The domestic privatization estimates are close to zero for employment, while for wages they are negative but small in magnitude; estimated foreign privatization effects are nearly always positive and sometimes large for both outcome variables. We find that the negligible consequences of domestic privatization result from effects on scale, productivity, and costs that are large but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment outcome of foreign ownership results from a substantial scale-expansion effect that dominates the productivity-improvement effect, and the positive wage outcome from productivity improvement dominating the cost-reduction effect.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x3688en
dc.subject.jelD21en
dc.subject.ddc330en
dc.subject.keywordPrivatizationen
dc.subject.keywordemploymenten
dc.subject.keywordwagesen
dc.subject.keywordforeign ownershipen
dc.subject.keywordHungaryen
dc.subject.keywordRomaniaen
dc.subject.keywordRussiaen
dc.subject.keywordUkraineen
dc.subject.stwPrivatisierungen
dc.subject.stwÖffentliches Unternehmenen
dc.subject.stwBeschäftigungseffekten
dc.subject.stwLohnen
dc.subject.stwMultinationales Unternehmenen
dc.subject.stwUngarnen
dc.subject.stwRumänienen
dc.subject.stwRusslanden
dc.subject.stwUkraineen
dc.titleEmployment and wage effects of privatization: evidence from Hungary, Romania, Russia, and Ukraine-
dc.type|aWorking Paperen
dc.identifier.ppn578625695en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
972.09 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.