Dynamic Model of Privatization: The Case of Ukrainian Economic Transition

Blinov, Alexander (September 1996) Dynamic Model of Privatization: The Case of Ukrainian Economic Transition. Reihe Osteuropa / East European Series 39

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Abstract: The paper develops a simple theoretical framework in which the efficiency of industrial restructuring due to privatization process can be analysed. The dynamic model is based on the approach recently proposed by B. Gibson and A. Dutt (1993). This model is extended through inclusion the assumption of increasing efficiency of workers in state enterprises because of competition with the growing number of private firms. This paper attempts to analyse the optimality of time path of privatization in Ukraine as a country with mixed economy.;

Item Type: IHS Series
Keywords: 'Economic Dynamics' 'Transition Economies' 'Privatization'
Classification Codes (e.g. JEL): E61, C62, P17
Status: Published
Date Deposited: 26 Sep 2014 10:36
Last Modified: 01 Apr 2016 14:10
URI: http://irihs.ihs.ac.at/id/eprint/928

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