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microeconomic point of view. We introduce two measures of production efficiency (the technical and the allocative efficiency) and … look at changes in the behaviour of enterprises. In 1994, after the chaos during the culmination of transition (1991 …-92), firms’ profits showed the first signs of dependency on efficiency. This fact can be taken as evidence of the creation of a …
Persistent link: https://www.econbiz.de/10005412948
Corruption has a negative impact on society and economy. The transition process in Central and Eastern Europe (CEE … problem since the index does not improve as the transition process advances. Numerous comparative studies, however, suggest … that corruption is more prominent feature in a number of other transition countries. We believe that the substantial change …
Persistent link: https://www.econbiz.de/10005560992
This paper develops a simple and practical framework for characterizing (long-run) economic growth and fluid capital accumulation under shifting technological change. The framework specifies a technological change that depends on exogenous and endogenous factors as well as the interaction...
Persistent link: https://www.econbiz.de/10005408266
problems typical for transition economies, allow households to capture more value added than in agricultural production, and …
Persistent link: https://www.econbiz.de/10005062455
In most transition economies, agricultural reforms have led to the emergence of family farms and household food … paper concludes with a critical discussion of current changes in farm structures in the transition economies. …
Persistent link: https://www.econbiz.de/10005118702
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10005407700
The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign trade liberalization in the Czech Republic. It also focuses on the effect of Asoft@ macroeconomic environment on the microeconomic decisions. A dynamic investment function with...
Persistent link: https://www.econbiz.de/10005118676
technology and the importance of technical and allocative efficiency. We show that the diversity of factor choices in not due to … differentials could be levelled out, substantial gains thorough improvements in allocative efficiency would be possible. …
Persistent link: https://www.econbiz.de/10005118707
frequent tax evaders and a 12% increase in the number who never evade. Governments in transition countries who suffer from weak …
Persistent link: https://www.econbiz.de/10005408409
China's economic growth statistics of the late 1990s have repeatedly been questioned. Angus Maddison in a 1998 OECD study goes further in that he revised China's official average annual real growth rate for the first seventeen years of economic reform, 1978 through 1995, downward by 2.39...
Persistent link: https://www.econbiz.de/10005556031