Showing 1 - 10 of 39
The paper starts by outlining some basic definitions and conceptions of restructuring, noting that in transition … restructuring that seem to me to be unusually problematic for transition economies, especially for those that are not on track to … economies the needed scale of restructuring is substantial, with the result that unemployment, and the associated social costs …
Persistent link: https://www.econbiz.de/10005518434
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. We exploit the key longitudinal feature of our data to measure and control for pre-privatization...
Persistent link: https://www.econbiz.de/10005292578
Politically, the eight Southeast European countries have been less stable than those countries in Central Europe and the Baltics which are on track for EU Accession in 2004. The former countries have achieved generally poorer economic performance since 1990, and their economic reforms have also...
Persistent link: https://www.econbiz.de/10005292584
by restructuring; we are able to do this because the BEEPS cover thousands of firms from virtually all transition … process of convergence of transition countries with developed market economies. The primary focus of the study is on … of natural benchmarks. We find substantial evidence of convergence of transition countries with developed market …
Persistent link: https://www.econbiz.de/10005518433
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. Controlling for firm and industry-year fixed effects and employing a wide variety of measurement approaches, we...
Persistent link: https://www.econbiz.de/10005518439
transition. Our findings indicate that remuneration is not predetermined by formal rules and a stable institutionalized structure …
Persistent link: https://www.econbiz.de/10005157523
This study looks at the signs of financial repression in a transition economy, by evaluating to what extent "perverse …
Persistent link: https://www.econbiz.de/10005649921
This paper reviews recent developments and progress in the restructuring of the Russian economy. Great emphasis is … enterprises, markets and the restructuring of existing state-owned enterprises. …
Persistent link: https://www.econbiz.de/10005292577
This paper focuses on the restructuring of Moldovan industry. Its purpose is to analyse the actual situation, the … experience of restructuring and the role that industrial restructuring can play in favouring the process of obtaining economic … stability and growth. The central conclusion of this paper is that the restructuring of Moldovan industry is an obligatory step …
Persistent link: https://www.econbiz.de/10005187397
This article uses data on 27,000 firms from 50 countries, half of which are transition economies, together with the … unfinished privatization and restructuring agenda might have negative effects on productivity, in parallel to poor investment …
Persistent link: https://www.econbiz.de/10005649922