Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74842
Authors: 
Dobbelaere, Sabien
Year of Publication: 
2001
Series/Report no.: 
LICOS Discussion Paper 111
Abstract: 
Using a unique 3-digit firm level data set of all medium and large sized manufacturing enterprises in Bulgaria covering the years 1997/1998, we investigate how wage detfirmination is related to ownership status. Building on a slightly modified version of the Right-To-Manage Model, our pooled OLS, panel and first-differences TSLS estimates show statistically significant differences in the share of rents taken by workers employed in state, private domestic and foreign firms. Taking account of firm heterogeneity, we find that rent sharing is nearly non-existent in foreign-owned firms while the level of pay is higher compared to state-owned companies. Further, rent sharing seems to be highly pronounced in state-owned enterprises while on average domestically private-owned companies are characterised by less rent sharing. Overall, our robustness checks confirm these findings.
Subjects: 
Bulgarian Labour Market
Enterprise Behaviour
Insider Effects
Panel Data
JEL: 
C23
D21
J30
P31
Document Type: 
Working Paper

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