Showing 1 - 10 of 72
We identify the presence of soft budgets and analyse their impact on enterprise restructuring in Romania over the …
Persistent link: https://www.econbiz.de/10005123818
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment variation there and we explore potential explanations for...
Persistent link: https://www.econbiz.de/10005136518
countries, Hungary, Romania and Slovenia. The data are based on interviews taken in more than 300 state-owned, privatized and … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short … Romania, the results are somewhat mixed; state-owned enterprises do worse than employee-owned (privatized) and newly …
Persistent link: https://www.econbiz.de/10005498145
We provide comprehensive analysis of the isolation program for financially distressed firms in Romania. The results …
Persistent link: https://www.econbiz.de/10005666566
-level data from Romania, this study examines how the presence of global retail chains affects firms in the supplying industries …
Persistent link: https://www.econbiz.de/10005791348
The economic slowdown in the 70s in Latin America and Japan in the late 90s, generated a growing skepticism about the role of industrial policy in the process of economic development. Yet, new considerations have emerged over the recent period, which invite us to revisit the issue. This paper...
Persistent link: https://www.econbiz.de/10009359485
Our concern is about a firm-specific industrial policy. When R&D subsidies or taxes are differentiated among firms, the question arises which firms in an industry should receive such support. We analyse a situation where firms differ in their R&D technologies in two distinct ways: they differ...
Persistent link: https://www.econbiz.de/10005124475
The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field...
Persistent link: https://www.econbiz.de/10005136586
In the presence of uncertainty about what a country can be good at producing, there can be great social value to discovering costs of domestic activities because such discoveries can be easily imitated. We develop a general-equilibrium framework for a small open economy to clarify the analytical...
Persistent link: https://www.econbiz.de/10005136685
A number of recent papers reach different conclusions concerning the effects of trade and industrial policy on imperfectly competitive industries; the implications for policy are therefore sensitive to assumptions concerning both firm behaviour and market structure. This paper sets out a single...
Persistent link: https://www.econbiz.de/10005067593