The purpose of this paper is to analyze the impact of trust-based relations on firm’s performance in transition economies. The trade credit variable is used as a proxy of trust-based relations and the propensity score matching method is employed to establish casual link between relational...

This paper aims to shed light on the determinants of household labor supply in Georgia by conducting comparative study and by applying the collective labor supply model. On the basis of data from Generations and Gender Survey (GGS) we tested parametric restrictions imposed by two alternative...

The objective of current paper is to explore the impact of services inputs on export performance of manufacturing firms in transition economies. The results of the study provide a new understanding of the consequences of trade liberalization in services sector. In particular, positive impact of...