DELIKTAS, ERTUGRUL; BALCILAR, MEHMET - In: Emerging Markets Finance and Trade 41 (2005) 1, pp. 6-28
The paper examines the macroeconomic performance of 25 transition economies using a comparable data set. In order to see whether transition to a market-based economy increased economic efficiency, technical progress, and total factor productivity (TFP), we estimate efficiency measures for...