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The Output Decline in Central and Eastern Europe: A Classical Explanation

Bofinger, Peter - C.E.P.R. Discussion Papers - 1993

loss of CMEA exports by expanding their exports to the West, so that an overall trade shock cannot be observed. The …

Persistent link: https://www.econbiz.de/10005123537

The External Sector, the State and Development in Eastern Europe

Eichengreen, Barry; Kohl, Richard - C.E.P.R. Discussion Papers - 1998

the transition. The Czech Republic and Hungary have had some success moving into the production and export of more … helps to explain the strong export performance of the region. The technological and organizational implications of OPT are …-insensitive export products that offer countries insulation from foreign competition. …

Persistent link: https://www.econbiz.de/10005123672

Financial constraints and innovation: Why poor countries don't catch up

Gorodnichenko, Yuriy; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2010

constraints affect a firm's innovation and export activities. Theoretical predictions are tested using unique firm survey data … these constraints force export and innovation activities to become substitutes even when these activities are natural … level of income and export intensity. Specifically, the paper investigates theoretically and empirically how financial …

Persistent link: https://www.econbiz.de/10008468676

Innovation and the Export-productivity Link

Cassiman, Bruno; Golovko, Elena - C.E.P.R. Discussion Papers - 2007

We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … innovation seems to explain the positive association between exports and productivity for this group of firms. For small non … manufacturing firms for 1990-1998. Our results - based on non-parametric tests - suggest that firm innovation status is important in …

Persistent link: https://www.econbiz.de/10005792473

Information Sharing and Credit: Firm-Level Evidence from Transition Countries

Brown, Martin; Jappelli, Tullio; Pagano, Marco - C.E.P.R. Discussion Papers - 2007

We investigate whether information sharing among banks has affected credit market performance in the transition countries of Eastern Europe and the former Soviet Union, using a large sample of firm-level data. Our estimates show that information sharing is associated with improved availability...

Persistent link: https://www.econbiz.de/10005136657

Does Interbank Borrowing Reduce Bank Risk?

Dinger, Valeriya; von Hagen, Jürgen - C.E.P.R. Discussion Papers - 2008

In this paper we investigate whether banks that borrow from other banks have lower risk levels. We concentrate on a large sample of Central and Eastern European banks which allows us to explore the impact of interbank lending when exposures are long-term and interbank borrowers are small banks....

Persistent link: https://www.econbiz.de/10005504249

The land that Lean manufacturing forgot? Management practices in transition countries

Bloom, Nicholas; Schweiger, Helena; Van Reenen, John - C.E.P.R. Discussion Papers - 2011

We have conducted the first survey on management practices in transition countries. We found that Central Asian transition countries, such as Uzbekistan and Kazakhstan, have on average very poor management practices. Their average scores are below emerging countries such as Brazil, China and...

Persistent link: https://www.econbiz.de/10009207520

Monitoring Managers: Does it Matter?

Cornelli, Francesca; Kominek, Zbigniew; Ljungqvist, … - C.E.P.R. Discussion Papers - 2009

We test under what circumstances boards discipline managers and whether such interventions improve performance. We exploit exogenous variation due to the staggered adoption of corporate governance laws in formerly Communist countries coupled with detailed ‘hard’ information about the...

Persistent link: https://www.econbiz.de/10008491717

Convergence in Output in Transition Economies: Central and Eastern Europe, 1970-1995

Estrin, Saul; Urga, Giovanni - C.E.P.R. Discussion Papers - 1997

In this paper we use unit roots/cointegration analysis and time-varying parameters procedures to test for a common growth path in the ex-communist block, both pre- and post-reform. We test whether there has been convergence within the block and between the block as a group and the West....

Persistent link: https://www.econbiz.de/10005123521

Composition of Foreign Direct Investment and Protection of Intellectual Property Rights in Transition Economies

Javorcik, Beata - C.E.P.R. Discussion Papers - 1999

Using a unique firm-level dataset this study shows that, contrary to the hopes of transition economies, foreign investors in the region are characterized by low, rather than high, R&D intensity. The results also indicate that investors with higher R&D spending are more likely to engage in...

Persistent link: https://www.econbiz.de/10005123776

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