The transition to market-based economic systems in the countries of Central and Eastern Europe and the former Soviet … structural change in the transition economies and simulate the path of adjustment from central planning. We then analyse data …

transition countries. These data have three main advantages. First, while in a market economy firms face widely divergent needs … agencies; and we collect data directly on various measures of innovative activity. Third, the fact that transition countries …

that at the end of planning, transition countries had substantially different endowments from their contemporaneous non-transition … transition in 2002-05, poor transition economies differ much more from their non-transition counterparts, in respect to both good … and bad aspects of the planning legacy, than do relatively rich transition countries. However, the persistent beneficial …