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Privatization in Russia: some micro‐evidence based on housing markets

G.S. Maddala, Yasushi Toda, Nadezhda Nozdrina

International Journal of Social Economics

ISSN: 0306-8293

Article publication date: 1 March 1998

339

Abstract

Examines the importance of the role of economic incentives in privatization using data collected at the micro level from auctions of state‐owned apartments in Moscow. Describes the nature of the auctions, the data collected and the estimated hedonic price functions. Concludes that the auction prices are very well explained by economic factors, particularly after the price liberalization that happened in 1992.

Keywords

Citation

Maddala, G.S., Toda, Y. and Nozdrina, N. (1998), "Privatization in Russia: some micro‐evidence based on housing markets", International Journal of Social Economics, Vol. 25 No. 2/3/4, pp. 380-387. https://doi.org/10.1108/03068299810193650

Publisher

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MCB UP Ltd

Copyright © 1998, MCB UP Limited

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