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Full-Text Articles in Social and Behavioral Sciences

The Productivity Effects Of Privatization: Longitudinal Estimates From Hungary, Romania, Russia, And Ukraine, J. David Brown, John S. Earle, Álmos Telegdy Oct 2005

The Productivity Effects Of Privatization: Longitudinal Estimates From Hungary, Romania, Russia, And Ukraine, J. David Brown, John S. Earle, Álmos Telegdy

Upjohn Institute Working Papers

This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. We exploit the key longitudinal feature of our data to measure and control for pre-privatization selection bias and to estimate long-run impacts. We find that the magnitudes of our estimates are robust to alternative functional forms, but sensitive to how we control for selection. Our preferred random growth models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia it lowers it 3%. …


Do Government Sponsored Vocational Training Programs Help The Unemployed Find Jobs? Evidence From Russia, Anton Nivorozhkin, Eugenity Nivorozhkin Jan 2005

Do Government Sponsored Vocational Training Programs Help The Unemployed Find Jobs? Evidence From Russia, Anton Nivorozhkin, Eugenity Nivorozhkin

Upjohn Institute Working Papers

The study estimates the employment effect of vocational training programs for the unemployed in urban Russia. The results of propensity score matching indicate that training programs had a non-negative overall effect on the program participants relative to non-participants.