Privatization and output behavior during the transition: Methods matter!

Local governments’ fiscal balance and privatization in transition countries1

“…For the econometric estimations, an indicator is constructed to capture the depth of privatization ( PR ) as in Gouret (2007) which includes three indicators from the EBRD: the two subjective indexes of large‐scale privatization (LSP) and small‐scale privatization (SSP), and the private sector share of GDP. The LSP index is based on a score system and takes the value 1 when there is little private ownership up to the value 4 when more than 50 percent of large‐scale state‐owned enterprises are in private ownership, and significant progress has been achieved at the level of corporate governance of these enterprises.…”

Economic Effects of Privatisation of Public Services Sector in the Republic of Croatia Emphasising Maritime-Passenger Traffic

“…By observing only transitional countries which had crisis in 80s of last century for specific reasons, and which found their way out in turning to market economy, it is possible to say that privatisation in that time had extremely dominating importance, but it is needed to emphasise also, that privatisation processes and their particular methods had an essential role in further competitive economy achievement. Privatisation processes were the main determination of bigger or smaller success, or even failure in achieving good economy and sector structure, as well as achieving wanted economic results of total national economy (Gouret, 2007).…”

Hierarchy of governance institutions and the pecking order of privatisation: Central–Eastern Europe and Central Asia reconsidered

“…It is difficult to argue that the impact of a mass privatisation programme vanished as soon as the process was completed, as has been implicitly implied by Gouret's (2007) classification. (Spicer et al, 2000).…”