The DOI matches its Crossref record; 21 of the 21 references it cites were found in a registry or an index.
When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies
Open accessAbstract
This paper compares the performance of privatized and state firms in the transition economies of Central Europe, while controlling for various forms of selection bias. It argues that privatization has different effects depending on the types of owners to whom it gives control. In particular, privatization to outsider, but not insider, owners has significant performance effects. Where privatization is effective, the effect on revenue performance is very pronounced, but there is no comparable effect on cost reduction. Overlooking the strong revenue effect of privatization to outsider owners leads to a substantial overstatement of potential employment losses from postprivatization restructuring.
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Cited by
Enterprise Restructuring in Transition: A Quantitative Survey
Djankov, S., & Murrell, P. (2002) · Journal of Economic Literature · doi:10.1257/002205102760273788 · Cited by 908
Water For Life: The impact of the privatization of water services on child mortality
Galiani, S., Gertler, P., & Schargrodsky, E. (2005) · Journal of Political Economy · doi:10.1086/426041 · Cited by 877
Glaeser, E., Johnson, S., & Shleifer, A. (2001) · The Quarterly Journal of Economics · doi:10.1162/00335530152466250 · Cited by 522
Spillovers of technology transfer from FDI: the case of Estonia
Sinani, E., & Meyer, K. E. (2004) · Journal of Comparative Economics · doi:10.1016/j.jce.2004.03.002 · Cited by 379
Enterprise Restructuring in Transition: A Quantitative Survey
Djankov, S. D., & Murrell, P. (2000) · SSRN Electronic Journal · doi:10.2139/ssrn.238716 · Cited by 301
Metadata
- Authors
- Frydman, R., Gray, C., Hessel, M., & Rapaczynski, A.
- Venue
- The Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 1999-11-01
- Volume
- 114
- Issue
- 4
- Pages
- 1153-1191
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2032224241
- Cited by
- 697
- References
- 21
- FWCI
- 191.02
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.