Firm performance and privatization in Ukraine

Arbeitspapier

Investigating the effects of privatization in transition countries is the focus of a large body of current research. Generally, privatization stimulates private sector development, attracts foreign direct investment, fosters competition and contributes to the formation of stock markets. In addition, privatization may improve individual enterprises’ performance. This paper investigates the impact of privatization on Ukrainian firms’ productivity. The empirical research is based on a sample of 466 Ukrainian joint-stock enterprises for the period of 1997 – 1999. Estimation results indicate that privatization positively influences labor productivity, but also that these effects diminish over time.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ZEI Working Paper ; No. B 27-2004

Classification and Topics

• Classification: Wirtschaft ; Firm Organization and Market Structure ; Industry Studies: Manufacturing: General ; Business Administration: General
• Subject: Ukraine ; manufacturing firms ; ownership ; profitability

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Grygorenko, Galyna ; Lutz, Stefan
• Event: Veröffentlichung
• (who): Rheinische Friedrich-Wilhelms-Universität Bonn, Zentrum für Europäische Integrationsforschung (ZEI)
• (where): Bonn
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/39629
• Last update: 10.03.2025, 11:42 AM CET