Naslov
Privatization in transition economies: Privatization scale and country size

Autori
Goel, Rajeev K. ; Budak, Jelena

Izvornik
Economic Systems (0939-3625) 30 (2006); 98-110

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
transition economies; privatization; inflation; unemployment

Sažetak
This paper examines determinants of privatization in transition countries. Empirical studies of privatization are few and even fewer formal empirical analyses of privatization in transition countries exist. Another goal is to examine differences between large scale and small scale privatization. We find that scales of privatization respond differently to various determinants. Particularly, privatization scales are sensitive to changes in economic prosperity, unemployment and inflation. Country size, not government size, seems to be driving privatization in transition countries. Effects of Soviet legacy are nonexistent. Some findings are unique to the literature, while others differ from existing studies. Policy implications are discussed.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA