0310615 - NHÚ 2009 RIV NL eng J - Journal Article
Gupta, N. - Ham, J. C. - Švejnar, Jan
Priorities and sequencing in privatization: evidence from Czech firm panel data.
[Priority a sekvencování v privatizaci: důkaz z panelových dat v ČR.]
European Economic Review. Roč. 52, č. 2 (2008), s. 183-208. ISSN 0014-2921. E-ISSN 1873-572X
R&D Projects: GA MŠMT LC542
Institutional research plan: CEZ:AV0Z70850503
Keywords : privatization * political economy * transition
Subject RIV: AH - Economics
Impact factor: 1.039, year: 2008

While privatization of state-owned enterprises has been one of the most important aspects of the economic transition from a centrally planned to a market system, no transition economy has privatized all its firms simultaneously. This raises the question of whether governments privatize firms strategically. In this paper we examine the determinants of the sequencing of privatization. Our results indicate that many empirical studies of the effects of privatization on firm performance suffer from a selection bias.

Zabýváme se faktory, jež určují pořadí privatizačních kroků v tranzitivních ekonomikách a ptáme se, zda se vlády v tranzitivních ekonomikách chovají strategicky. Výsledky naznačují přítomnost chyby odhadu ziskovosti privatizovaných podniků v empirických studiích.
Permanent Link: http://hdl.handle.net/11104/0162421