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|c 5.00 USD
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|z 9781498311090
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Cevik, Serhan.
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|a You Are Suffocating Me! :
|b Firm-Level Evidence on Crowding Out /
|c Serhan Cevik.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2019.
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| 300 |
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|a 1 online resource (15 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Literature on whether government spending crowds out or crowds in the private sector is large, but still without an unambiguous conclusion. Using firm-level data from Ukraine, this paper provides a granular empirical investigation to disentangle the impact of state-owned enterprises (SOEs) on private firm investment in Ukraine-a large transition economy. Controlling for firm characteristics and systematic differences across sectors, the results indicate that the SOE concentration in a given sector has a statistically significant negative effect on private fixed capital formation, and that the impact of SOEs is stronger in those industries in which SOEs have a more dominant presence. These findings imply that private firms operating in sectors with a high level of SOE concentration invest systematically less than businesses that are not competing directly with SOEs.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2019/080
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2019/080/001.2019.issue-080-en.xml
|z IMF e-Library
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