Priorities and sequencing in privatization: Evidence from Czech firm panel data
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Grosfeld, Irena & Nivet, Jean-François, 1997.
"Wage and Investment Behaviour in Transition: Evidence from a Polish Panel Data Set,"
CEPR Discussion Papers
1726, C.E.P.R. Discussion Papers.
- Grosfeld, I. & Nivet, J. F., 1997. "Wage and Investment Behavior in Transition: Evidence from a Polish Panel Data Set," DELTA Working Papers 97-19, DELTA (Ecole normale supérieure).
- Archishman Chakraborty & Nandini Gupta & Rick Harbaugh, 2006.
"Best foot forward or best for last in a sequential auction?,"
RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 176-194, March.
- Archishman Chakraborty & Nandini Gupta & Rick Harbaugh, 2004. "Best Foot Forward or Best for Last in a Sequential Auction?," Working Papers 2004-07, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Simeon Djankov & Peter Murrell, 2002.
"Enterprise Restructuring in Transition: A Quantitative Survey,"
Journal of Economic Literature, American Economic Association, vol. 40(3), pages 739-792, September.
- Djankov, Simeon & Murrell, Peter, 2002. "Enterprise Restructuring in Transition: A Quantitative Survey," CEPR Discussion Papers 3319, C.E.P.R. Discussion Papers.
- Dewatripont, Mathias & Roland, Gerard, 1995.
"The Design of Reform Packages under Uncertainty,"
American Economic Review, American Economic Association, vol. 85(5), pages 1207-1223, December.
- Dewatripont, Mathias & Roland, Gérard, 1993. "The Design of Reform Packages Under Uncertainty," CEPR Discussion Papers 860, C.E.P.R. Discussion Papers.
- Mathias Dewatripont & Gérard Roland, 1995. "The design of reform packages under uncertainty," ULB Institutional Repository 2013/9607, ULB -- Universite Libre de Bruxelles.
- Philippe Aghion & Olivier Jean Blanchard, 1994.
"On the Speed of Transition in Central Europe,"
NBER Chapters, in: NBER Macroeconomics Annual 1994, Volume 9, pages 283-330,
National Bureau of Economic Research, Inc.
- Aghion, P. & Blanchard, O.J., 1993. "On the Speed of Transition in Central Europe," Working papers 93-8, Massachusetts Institute of Technology (MIT), Department of Economics.
- Philippe Aghion & Olivier Jean Blanchard, 1994. "On the Speed of Transition Central Europe," NBER Working Papers 4736, National Bureau of Economic Research, Inc.
- Blanchard, Olivier Jean & Aghion, Philippe, 1994. "On the Speed of Transition in Central Europe," Scholarly Articles 4481322, Harvard University Department of Economics.
- Gérard Roland, 2004.
"Transition and Economics: Politics, Markets, and Firms,"
MIT Press Books,
The MIT Press,
edition 1, volume 1, number 026268148x, December.
- Gérard Roland, 2000. "Transition and Economics: Politics, Markets, and Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262182033, December.
- Irena Grosfeld & Jean-Francois Nivet, 1997. "Firms' Heterogeneity in Transition: Evidence from a Polish Data Set," William Davidson Institute Working Papers Series 47, William Davidson Institute at the University of Michigan.
- Bilsen, Valentijn & Konings, Jozef, 1998.
"Job Creation, Job Destruction, and Growth of Newly Established, Privatized, and State-Owned Enterprises in Transition Economies: Survey Evidence from Bulgaria, Hungary, and Romania,"
Journal of Comparative Economics, Elsevier, vol. 26(3), pages 429-445, September.
- Valentijn Bilsen & Jozef Konings, 1997. "Job Creation, Job Destruction and Growth of Newly Established, Privatized and State-Owned Enterprises in Transition Economies: Survey Evidence from Bulgaria, Hungary and Romania," William Davidson Institute Working Papers Series 106, William Davidson Institute at the University of Michigan.
- Claessens, Stijn & Djankov, Simeon, 1999.
"Ownership Concentration and Corporate Performance in the Czech Republic,"
Journal of Comparative Economics, Elsevier, vol. 27(3), pages 498-513, September.
- Stijn Claessens & Simeon Djankov, 1999. "Ownership Concentration and Corporate Performance in the Czech Republic," William Davidson Institute Working Papers Series 227, William Davidson Institute at the University of Michigan.
- Claessens, Stijn & Djankov, Simeon, 1999. "Ownership Concentration and Corporate Performance in the Czech Republic," CEPR Discussion Papers 2145, C.E.P.R. Discussion Papers.
- Saul Estrin & Jan Hanousek & Evzen Kocenda & Jan Svejnar, 2009.
"The Effects of Privatization and Ownership in Transition Economies,"
Journal of Economic Literature, American Economic Association, vol. 47(3), pages 699-728, September.
- Estrin, Saul & Hanousek, Jan & Kocenda, Evzen & Svejnar, Jan, 2009. "Effects of privatization and ownership in transition economies," Policy Research Working Paper Series 4811, The World Bank.
- Svejnar, Jan, 1982.
"On the theory of a participatory firm,"
Journal of Economic Theory, Elsevier, vol. 27(2), pages 313-330, August.
- Jan Svejnar, 1978. "On the Theory of a Participatory Firm," Working Papers 493, Princeton University, Department of Economics, Industrial Relations Section..
- Perotti, Enrico C, 1995. "Credible Privatization," American Economic Review, American Economic Association, vol. 85(4), pages 847-859, September.
- Megginson, William Leon, 2005. "The Financial Economics of Privatization," OUP Catalogue, Oxford University Press, number 9780195150629, Decembrie.
- Dyck, I J Alexander, 1997. "Privatization in Eastern Germany: Management Selection and Economic Transition," American Economic Review, American Economic Association, vol. 87(4), pages 565-597, September.
- Jeffry M. Netter & William L. Megginson, 2001. "From State to Market: A Survey of Empirical Studies on Privatization," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 321-389, June.
- Svejnar, Jan, 1986.
"Bargaining Power, Fear of Disagreement, and Wage Settlements: Theory and Evidence from U.S. Industry,"
Econometrica, Econometric Society, vol. 54(5), pages 1055-1078, September.
- Svejnar, J., 1984. "Bargaining power, fear of disagreement and wage settlements: theory and evidence from U.S. industry," LIDAM Discussion Papers CORE 1984037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- SVEJNAR, Jan, 1986. "Bargaining power, fear of disagreement, and wage settlements: theory and evidence from U.S. industry," LIDAM Reprints CORE 720, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Klara Sabirianova Peter & Jan Svejnar & Katherine Terrell, 2012.
"Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?,"
The Review of Economics and Statistics, MIT Press, vol. 94(4), pages 981-999, November.
- Klara Sabirianova & Jan Svejnar & Katherine Terrell, 2005. "Foreign Investment, Corporate Ownership, and Development:Are Firms in Emerging Markets Catching Up to the World Standard?," William Davidson Institute Working Papers Series wp734, William Davidson Institute at the University of Michigan.
- Peter, Klara Sabirianova & Svejnar, Jan & Terrell, Katherine, 2005. "Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?," IZA Discussion Papers 1457, Institute of Labor Economics (IZA).
- Svejnar, Jan & Terrell, Katherine & Peter, Klara, 2005. "Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?," CEPR Discussion Papers 4868, C.E.P.R. Discussion Papers.
- Roman Frydman & Cheryl Gray & Marek Hessel & Andrzej Rapaczynski, 1999. "When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(4), pages 1153-1191.
- Barberis, Nicholas & Maxim Boycko & Andrei Shleifer & Natalia Tsukanova, 1996.
"How Does Privatization Work? Evidence from the Russian Shops,"
Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 764-790, August.
- Nicolas Barberis & Maxin Boycho & Andrei Shleifer & Natalia Tsukanova, 1995. "How Does Privatization Work? Evidence from the Russian Shops," Harvard Institute of Economic Research Working Papers 1721, Harvard - Institute of Economic Research.
- Barberis, Nicholas & Boycko, Maxim & Shleifer, Andrei & Tsukanova, Natalia, 1996. "How Does Privatization Work? Evidence from the Russian Shops," Scholarly Articles 3451306, Harvard University Department of Economics.
- Nicholas Barberis & Maxim Boycko & Andrei Shleifer & Natalia Tsukanova, 1995. "How Does Privatization Work? Evidence from the Russian Shops," NBER Working Papers 5136, National Bureau of Economic Research, Inc.
- Gianni De Fraja & Barbara M. Roberts, 2009.
"Privatization in Poland What was the government trying to achieve?1,"
The Economics of Transition, The European Bank for Reconstruction and Development, vol. 17(3), pages 531-557, July.
- De Fraja, Gianni & Roberts, Barbara M, 2007. "Privatisation in Poland: What Was the Government Trying to Achieve?," CEPR Discussion Papers 6114, C.E.P.R. Discussion Papers.
- Heckman, James, 2013.
"Sample selection bias as a specification error,"
Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
- Heckman, James J, 1979. "Sample Selection Bias as a Specification Error," Econometrica, Econometric Society, vol. 47(1), pages 153-161, January.
- Katz Barbara G. & Owen Joel, 1993. "Privatization: Choosing the Optimal Time Path," Journal of Comparative Economics, Elsevier, vol. 17(4), pages 715-736, December.
- Archishman Chakraborty & Nandini Gupta & Rick Harbaugh, 2006. "Best Foot Forward or Best for Last in a Sequential Auction?," RAND Journal of Economics, The RAND Corporation, vol. 37(1), pages 176-194, Spring.
- Heckman, James J. & Lalonde, Robert J. & Smith, Jeffrey A., 1999. "The economics and econometrics of active labor market programs," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 31, pages 1865-2097, Elsevier.
- Stijn Claessens & Simeon Djankov & Gerhard Pohl, 1997. "Determinants of Performance of Manufacturing Firms in Seven European Transition Economies," William Davidson Institute Working Papers Series 74, William Davidson Institute at the University of Michigan.
- Rivers, Douglas & Vuong, Quang H., 1988. "Limited information estimators and exogeneity tests for simultaneous probit models," Journal of Econometrics, Elsevier, vol. 39(3), pages 347-366, November.
- Glaeser, Edward L. & Scheinkman, Jose A., 1996. "The Transition to Free Markets: Where to Begin Privatization," Journal of Comparative Economics, Elsevier, vol. 22(1), pages 23-42, February.
- Kai Guo & Yang Yao, 2005. "Causes of privatization in China," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(2), pages 211-238, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jan Hanousek & Evžen Kočenda & Jan Svejnar, 2007.
"Origin and concentration,"
The Economics of Transition, The European Bank for Reconstruction and Development, vol. 15(1), pages 1-31, January.
- Jan Hanousek & Evzen Kocenda & Jan Svejnar, 2005. "Origin and Concentration: Corporate Ownership, Control and Performance," CERGE-EI Working Papers wp259, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Jun Du & Xiaoxuan Liu, 2015. "Selection, Staging and Sequencing in the Recent Chinese Privatization," Journal of Law and Economics, University of Chicago Press, vol. 58(3).
- Jan Hanousek & Ev??en Ko?enda & Jan Svejnar, 2004.
"Ownership, Control and Corporate Performance After Large-Scale Privatization,"
William Davidson Institute Working Papers Series
2004-652, William Davidson Institute at the University of Michigan.
- Jan Hanousek & Evzen Kocenda & Jan Svejnar, 2004. "Ownership, Control and Corporate Performance after Large-Scale Privatization," Microeconomics 0406002, University Library of Munich, Germany.
- Saul Estrin & Jan Hanousek & Evzen Kocenda & Jan Svejnar, 2009.
"The Effects of Privatization and Ownership in Transition Economies,"
Journal of Economic Literature, American Economic Association, vol. 47(3), pages 699-728, September.
- Estrin, Saul & Hanousek, Jan & Kocenda, Evzen & Svejnar, Jan, 2009. "Effects of privatization and ownership in transition economies," Policy Research Working Paper Series 4811, The World Bank.
- Ádám Szentpéteri & Álmos Telegdy, 2010.
"Political Selection Of Firms Into Privatization Programs. Evidence From Romanian Comprehensive Data,"
Economics and Politics, Wiley Blackwell, vol. 22(3), pages 298-328, November.
- Adam Szentpeteri & Almos Telegdy, 2008. "Political Selection of Firms into Privatization Programs - Evidence from Romanian Comprehensive Data," CERS-IE WORKING PAPERS 0826, Institute of Economics, Centre for Economic and Regional Studies.
- Adam Szentpeteri & Almos Telegdy, 2009. "Political Selection of Firms into Privatization Programs. Evidence from Romanian Comprehensive Data," CERS-IE WORKING PAPERS 0916, Institute of Economics, Centre for Economic and Regional Studies.
- Jan Svejnar & Evzen Kocenda, 2002.
"The Effects of Ownership Forms and Concentration on Firm Performance after Large-Scale Privatization,"
William Davidson Institute Working Papers Series
471, William Davidson Institute at the University of Michigan.
- Evzen Kocenda & Jan Svejnar, 2003. "Ownership and Firm Performance after Large-Scale Privatization," CERGE-EI Working Papers wp209, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Svejnar, Jan & KoÄ enda, Evžen, 2003. "Ownership and Firm Performance After Large-Scale Privatization," CEPR Discussion Papers 4143, C.E.P.R. Discussion Papers.
- Jan Svejnar & Evzen Kocenda, 2003. "Ownership and Firm Performance after Large-Scale Privatization," William Davidson Institute Working Papers Series 471a, William Davidson Institute at the University of Michigan.
- Jan Hagemejer & Joanna Tyrowicz, 2020.
"A New Instrument for Measuring the Local Causal Effect of Privatisation on Firm Performance,"
Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 35-52.
- Jan Hagemejer & Joanna Tyrowicz, 2019. "A new instrument for measuring the local causal effect of privatization on firm performance," GRAPE Working Papers 38, GRAPE Group for Research in Applied Economics.
- Nandini Gupta & John C. Ham & Jan Svejnar, 2000.
"Priorities and Sequencing in Privatization: Theory and Evidence from the Czech Republic,"
William Davidson Institute Working Papers Series
323, William Davidson Institute at the University of Michigan.
- Nandini Gupta & John Ham & Jan Svejnar, 2000. "Priorities and Sequencing in Privatization: Theory and Evidence from the Czech Republic," Econometric Society World Congress 2000 Contributed Papers 1580, Econometric Society.
- Driffield, Nigel L. & Mickiewicz, Tomasz & Temouri, Yama, 2013. "Institutional reforms, productivity and profitability: From rents to competition?," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 583-600.
- Jan Hagemejer & Joanna Tyrowicz & Jan Svejnar, 2014. "Measuring the Causal Effect of Privatization on Firm Performance," Working Papers 2014-14, Faculty of Economic Sciences, University of Warsaw.
- Svejnar, Jan & Hagemejer, Jan & Tyrowicz, Joanna, 2018.
"Are Rushed Privatizations Substandard? Analyzing Firm-level Privatization under Fiscal Pressure,"
CEPR Discussion Papers
12991, C.E.P.R. Discussion Papers.
- Hagemeier, Jan & Svejnar, Jan & Tyrowicz, Joanna, 2018. "Are Rushed Privatizations Substandard? Analyzing Firm-Level Privatization under Fiscal Pressure," IZA Discussion Papers 11517, Institute of Labor Economics (IZA).
- Jan Hagemejer & Jan Svejnar & Joanna Tyrowicz, 2018. "Are rushed privatizations substandard? Analyzing firm-level privatization under fiscal pressure," GRAPE Working Papers 27, GRAPE Group for Research in Applied Economics.
- Irina Denisova & Markus Eller & Timothy Frye & Ekaterina Zhuravskaya, 2007.
"Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries,"
Working Papers
w0105, New Economic School (NES).
- Denisova, Irina & Zhuravskaya, Ekaterina & Frye, Timothy & Eller, Markus, 2007. "Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries," CEPR Discussion Papers 6603, C.E.P.R. Discussion Papers.
- Irina Denisova & Markus Eller & Timothy Frye & Ekaterina Zhuravskaya, 2007. "Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries," Working Papers w0105, Center for Economic and Financial Research (CEFIR).
- Lukas Mergele & Moritz Hennicke & Moritz Lubczyk, 2020.
"The Big Sell: Privatizing East Germany's Economy,"
CESifo Working Paper Series
8566, CESifo.
- Hennicke, Moritz & Lubczyk, Moritz & Mergele, Lukas, 2020. "The big sell: Privatizing East Germany's economy," ZEW Discussion Papers 20-043, ZEW - Leibniz Centre for European Economic Research.
- Lukas Mergele & Moritz Hennicke & Moritz Lubczyk, 2020. "The Big Sell: Privatizing East Germany’s Economy," Working Papers ECARES 2020-41, ULB -- Universite Libre de Bruxelles.
- Brown, David J. & Earle, John S. & Telegdy, Almos, 2016. "Where does privatization work? Understanding the heterogeneity in estimated firm performance effects," Journal of Corporate Finance, Elsevier, vol. 41(C), pages 329-362.
- Galyna Grygorenko & Stefan Lutz, 2007.
"Firm performance and privatization in Ukraine,"
Economic Change and Restructuring, Springer, vol. 40(3), pages 253-266, September.
- Grygorenko, Galyna & Lutz, Stefan, 2004. "Firm performance and privatization in Ukraine," ZEI Working Papers B 27-2004, University of Bonn, ZEI - Center for European Integration Studies.
- Galyna Grygorenko & Stefan Lutz, 2007. "Firm Performance and Privatization in Ukraine," Economics Discussion Paper Series 0704, Economics, The University of Manchester.
- Boubakri, Narjess & Cosset, Jean-Claude & Saffar, Walid, 2017. "The constraints on full privatization: International evidence," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 392-407.
- Sumon Bhaumik & Saul Estrin, 2003. "Why Transition Paths Differ: Russian and Chinese Enterprise Performance Compared," William Davidson Institute Working Papers Series 525, William Davidson Institute at the University of Michigan.
- Chen, Gongmeng & Firth, Michael & Rui, Oliver, 2006. "Have China's enterprise reforms led to improved efficiency and profitability?," Emerging Markets Review, Elsevier, vol. 7(1), pages 82-109, March.
- repec:dau:papers:123456789/3860 is not listed on IDEAS
- Kubo, Katsuyuki & Phan, Huu Viet, 2019. "State ownership, sovereign wealth fund and their effects on firm performance: Empirical evidence from Vietnam," Pacific-Basin Finance Journal, Elsevier, vol. 58(C).
- Lu, Susan Feng & Dranove, David, 2013. "Profiting from gaizhi: Management buyouts during China’s privatization," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 634-650.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eecrev:v:52:y:2008:i:2:p:183-208. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eer .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.