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Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries

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Author Info
Denisova, Irina
Eller, Markus
Frye, Timothy
Zhuravskaya, Ekaterina

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Abstract

A 2006 survey of 28,000 individuals in 28 post-communist countries reveals overwhelming support for revising privatization, but most respondents prefer to leave firms in private hands. We examine who wants to revise privatization and why. Respondents with poor human capital and few assets support revising privatization due to a preference for state over private property. Economic hardships during transition increase support for revising privatization due to the perceived unfairness of privatization. The institutional environment has no impact on how human capital and asset ownership influence attitudes toward privatization, but does affect how economic hardships during transition shape these attitudes.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6603.

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Date of creation: Dec 2007
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Handle: RePEc:cpr:ceprdp:6603

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Related research
Keywords: demand for property rights; legitimacy of property rights; nationalization; privatization; property rights; revision; transition;

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Find related papers by JEL classification:
L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Boundaries of Public and Private Enterprise; Privatization; Contracting Out
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
P50 - Economic Systems - - Comparative Economic Systems - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Irina Denisova & Markus Eller & Ekaterina Zhuravskaya, 2007. "What Russians Think about Transition: Evidence from RLMS Survey," Working Papers w0114, Center for Economic and Financial Research (CEFIR). [Downloadable!]
  2. Ruben Enikolopov & Maria Petrova & Ekaterina Zhuravskaya, 2009. "Media and Political Persuasion: Evidence from Russia," Working Papers w0113, Center for Economic and Financial Research (CEFIR). [Downloadable!]
    Other versions:
  3. Ugo Panizza & Mónica Yañez, 2006. "Why are Latin Americans so Unhappy about Reforms?," RES Working Papers 4469, Inter-American Development Bank, Research Department. [Downloadable!]
    Other versions:
  4. Karla Hoff & Joseph E. Stiglitz, 2004. "After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies," American Economic Review, American Economic Association, vol. 94(3), pages 753-763, June. [Downloadable!]
    Other versions:
  5. John Bennett & Saul Estrin & James Maw & Giovanni Urga, 2004. "Privatisation Methods and Economic Growth in Transition Economies," Working Papers 2004.105, Fondazione Eni Enrico Mattei. [Downloadable!]
    Other versions:
  6. William L. Megginson & Jeffry M. Netter, 2001. "From State to Market: A Survey of Empirical Studies on Privatization," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 321-389, June. [Downloadable!] (restricted)
  7. Brainerd, Elizabeth, 1998. "Winners and Losers in Russia's Economic Transition," American Economic Review, American Economic Association, vol. 88(5), pages 1094-1116, December. [Downloadable!] (restricted)
  8. Alberto Melo, 2003. "La competitividad de Perú después de la década de reforma: Diagnóstico y propuestas," RES Working Papers 1004, Inter-American Development Bank, Research Department. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Yakovlev, Andrei, 2009. "State-business relations and improvement of corporate governance in Russia," BOFIT Discussion Papers 26/2008, Bank of Finland, Institute for Economies in Transition. [Downloadable!]
  2. Pauline Grosjean & Claudia Senik, 2008. "How populist democracy promotes market liberalization," PSE Working Papers 2008-39, PSE (Ecole normale supérieure). [Downloadable!]
  3. Guriev, Sergei & Zhuravskaya, Ekaterina, 2009. "(Un)Happiness in Transition," CEPR Discussion Papers 7258, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  4. Irina Denisova & Markus Eller & Ekaterina Zhuravskaya, 2007. "What Russians Think about Transition: Evidence from RLMS Survey," Working Papers w0114, Center for Economic and Financial Research (CEFIR). [Downloadable!]
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