State ownership and labor redundancy : estimates based on enterprise-level data from Vietnam / Patrick Belser, Martín Rama Belser, Patrick

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Belser, Patrick
Privatization - Vietnam - Econometric models.; Corporations, Government - Officials and employees - Dismissal of - Vietnam - Econometric models.; International trade - Econometric models.
To predict the number of workers who will lose their jobs if state-owned enterprises are privatized or restructured, several approaches have been taken: drawing on international experience, accepting estimates from current directors of state enterprises, and inferring the number of redundancies from ad hoc indicators of profitability, productivity, or labor cost. All three approaches may be irrelevant and inferior to systematically comparing employment levels across similar enterprises that differ in the share of capital owned by the state.
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