Information Systems in Transition Economies: Does Ownership Matter?

Structural Change in Transition Economies: Does Foreign Aid Matter?

This paper addresses whether the initial declines in the manufacturing and real wages in transition economies were anything unexpected to justify policy reversal, and whether the “often-recommended” foreign aid would have helped them curb these declines in any significant way. It answers these questions with the help of a two-sector three-factor small open economy model and simulation exercises...

Information Systems Outsourcing Governance in Transition Economies

Managing an information systems (IS) outsourcing relationship is regarded as a critical success factor in commercial practice. However, there has been limited academic research on how an IS outsourcing relationship is governed to ensure its success and a continuous relationship. In particular, it is challenging for companies to achieve such a feat in China due to the institutional instability o...

Does Nonprofit Ownership Matter?

Does Nationality of Ownership Matter

Do multinational firms exhibit different patterns of labor demand from purely domestic firms? Many standard models of trade and multinational companies suggest such differences. We examine this question using a plant-level panel covering U.K. manufacturing from 1973 through 1992, where we can distinguish U.K.-headquartered multinationals, foreign-owned multinationals, and domestic U.K. firms. A...

When Does Privatization Work? the Impact of Private Ownership on Corporate Performance in the Transition Economies

This paper compares the performance of privatized and state firms in the transition economies of Central Europe, while controlling for various forms of selection bias. It argues that privatization has different effects depending on the types of owners to whom it gives control. In particular, privatization to outsider, but not insider, owners has significant performance effects. Where privatizat...