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来源类型Working Paper
规范类型报告
DOI10.3386/w5136
来源IDWorking Paper 5136
How Does Privatization Work? Evidence from the Russian Shops
Nicholas Barberis; Maxim Boycko; Andrei Shleifer; Natalia Tsukanova
发表日期1995-05-01
出版年1995
语种英语
摘要We use a survey of 452 Russian shops, most of which were privatized between 1992 and 1993, to measure the importance of alternative channels through which privatization promotes restructuring. Restructuring is measured as capital renovation, change in suppliers, increase in hours that stores stay open, and layoffs. There is strong evidence that the presence of new owners and new managers raises the likelihood of restructuring. In contrast, there is no evidence that equity incentives of old managers promote restructuring. The evidence points to the critical role that new human capital plays in economic transformation.
URLhttps://www.nber.org/papers/w5136
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/562572
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GB/T 7714
Nicholas Barberis,Maxim Boycko,Andrei Shleifer,et al. How Does Privatization Work? Evidence from the Russian Shops. 1995.
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