You Are Suffocating Me! : Firm-Level Evidence on Crowding Out /

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 privat...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Cevik, Serhan
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2019.
Seria:IMF Working Papers; Working Paper ; No. 2019/080
Dostęp online:Full text available on IMF
LEADER 01915cas a2200241 a 4500
001 AALejournalIMF019176
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781498311090 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Cevik, Serhan. 
245 1 0 |a You Are Suffocating Me! :   |b Firm-Level Evidence on Crowding Out /  |c Serhan Cevik. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2019. 
300 |a 1 online resource (15 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |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. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2019/080 
856 4 0 |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