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dc.contributor.authorHamm, Patrick
dc.contributor.authorKing, Lawrence
dc.contributor.authorStuckler, David
dc.date.accessioned2012-09-24T18:20:37Z
dash.embargo.terms2013-05-01
dc.date.issued2012
dc.identifier.citationHamm, Patrick, Lawrence P. King, and David Stuckler. 2012. Mass privatization, state capacity, and economic growth in post-communist countries. American Sociological Review 77(2): 295-324.en_US
dc.identifier.issn0003-1224en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:9637880
dc.description.abstractWhy did the transition from socialism to capitalism result in improved growth in some countries and significant economic decline in others? Scholars have advanced three main arguments: (1) successful countries rapidly implemented neoliberal policies; (2) failures were not due to policies but to poor institutional environments; and (3) policies were counterproductive because they damaged the state. We present a state-centered theory and empirically demonstrate for the first time one of several possible mechanisms linking neoliberal policies to poor economic performance: mass privatization programs, where implemented, created a massive fiscal shock for post-communist governments, thereby undermining the development of private-sector governance institutions and severely exacerbating the transformational recession. We performed cross-national panel regressions for a sample of 25 post-communist countries between 1990 and 2000 and found that mass privatization programs negatively affected economic growth, state capacity, and property rights protection. We further tested these findings with firm-level data from a representative survey of managers in 3,550 companies operating in 24 post-communist countries. Within countries that implemented mass-privatized programs, newly privatized firms were substantially less likely to engage in industrial restructuring but considerably more likely to use barter and accumulate tax arrears than their state-owned counterparts.en_US
dc.description.sponsorshipSociologyen_US
dc.language.isoen_USen_US
dc.publisherAmerican Sociological Associationen_US
dc.relation.isversionofdoi:10.1177/0003122412441354en_US
dash.licenseLAA
dc.subjectmass privatizationen_US
dc.subjectstate capacityen_US
dc.subjectpost-communismen_US
dc.subjecteconomic performanceen_US
dc.titleMass Privatization, State Capacity, and Economic Growth in Post-Communist Countriesen_US
dc.typeJournal Articleen_US
dc.description.versionAccepted Manuscripten_US
dc.relation.journalAmerican Sociological Reviewen_US
dash.depositing.authorHamm, Patrick
dc.date.available2013-05-01T07:30:30Z
dc.identifier.doi10.1177/0003122412441354*
dash.contributor.affiliatedHamm, Patrick


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