Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/298658 
Year of Publication: 
2023
Citation: 
[Journal:] European Journal of Government and Economics (EJGE) [ISSN:] 2254-7088 [Volume:] 12 [Issue:] 2 [Year:] 2023 [Pages:] 157-174
Publisher: 
Universidade da Coruña, A Coruña
Abstract: 
This study investigates the impact of privatization on the relationship between gross capital accumulation, employment, labor resources, government spending, and gross domestic product (GDP) in Commonwealth of Independent States (CIS) countries. Employing econometric analysis and cointegration evaluation, the study reveals that privatization has had a mixed impact on CIS economies. While privatization has contributed to increased capital accumulation and employment in some countries, it has also led to reduced labor resources and government spending in others. The study also finds that government spending is an indirect indicator of privatization efficiency that significantly influences GDP in Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Russia, Uzbekistan, and Tajikistan.
Subjects: 
capital accumulation
efficiency
GDP
government spending
privatization
JEL: 
L33
A10
O57
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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