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

Irina Denisova, Ekaterina Zhuravskaya, Timothy Frye and Markus Eller

No 6603, CEPR Discussion Papers from C.E.P.R. Discussion Papers

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.

Keywords: Demand for property rights; Legitimacy of property rights; Nationalization; Privatization; Property rights; Revision; Transition (search for similar items in EconPapers)
JEL-codes: L33 P20 P26 P50 (search for similar items in EconPapers)
Date: 2007-12
New Economics Papers: this item is included in nep-pbe, nep-pol and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Working Paper: Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries (2007)
Working Paper: Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries (2007)
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