Privatization Methods and Economic Growth *

@inproceedings{Bennett2004PrivatizationMA,
  title={Privatization Methods and Economic Growth *},
  author={John Bennett and Brunel University and Saul Estrin},
  year={2004}
}
In low-income countries privatization, if implemented appropriately, may play an important role in generating growth. Using data recently available from Central and Eastern Europe, we therefore investigate the impact of alternative methods of privatization on economic growth. Our analysis suggests that the use of conventional privatization methods to match owners with firms can be inefficient in economies with underdeveloped capital markets, particularly if wealth is poorly correlated with… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.
9 Citations
11 References
Similar Papers

References

Publications referenced by this paper.
Showing 1-10 of 11 references

Socialism, Capitalism, Transformation (Budapest

  • Balcerovic, Leszek
  • 1995
Highly Influential
8 Excerpts

Competition, Entry and the Social Return to Infrastructure in Transition Economies

  • Aghion, Philippe, Mark Schankerman
  • Economics of Transition, 7 (1999), 79-102.
  • 1999
Highly Influential
7 Excerpts

Do Governments Divest? The Macroeconomics of Privatization

  • Schipke, Alfred, Why
  • (Heidelberg: Springer,
  • 2001

Stock Market Liberalization, Economic Reform, and Emerging Equity Prices

  • Henry, B. Peter
  • Journal of Finance, 55 (2000), 529-564.
  • 2000

Privatization, Technology Choice and Aggregate Outcomes

  • Hansen, Nico
  • Journal of Public Economics, 64 (1997), 425-42.
  • 1997

Vishny, Privatizing Russia (Cambridge, Mass., and London: MIT Press,1995)

  • Boycko, Maxim, Andrei Shleifer, W Robert
  • 1995
2 Excerpts

A Contribution to the Empirics of Economic Growth

  • Mankiw, Gregory, David Romer, David Weil
  • Quarterly Journal of Economics, 107 (1992), 407…
  • 1992

Similar Papers

Loading similar papers…