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The Inequality of Influence
Hellman, Joel; Kaufmann, Daniel - EconWPA - 2003
This paper develops a proxy measure of the inequality of influence on the basis of survey evidence from 2002 Business Environment and Enterprise Performance Survey (BEEPS) conducted among 6,500 firms in 27 transition countries. We refer to the resulting inequality as crony bias in the political...
Persistent link: https://www.econbiz.de/10005407672
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Far From Home: Do Foreign Investors Import Higher Standards of Governance in Transition Economies?
Hellman, Joel S.; Jones, Geraint; Kaufmann, Daniel - EconWPA - 2003
unbundles corruption to measure different types of corrupt transactions and provide detailed information on the characteristics … and performance of firms, we find that: i) corruption reduces FDI inflows and attracts lower quality investment in terms … kickbacks, while paying a lower overall bribe burden than domestic firms; iii) FDI firms undertake those forms of corruption …
Persistent link: https://www.econbiz.de/10005407674
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Worker-firm Matching and Unemployment in Transition to a Market
Munich, Daniel; Svejnar, Jan; Terrell, Katherine - EconWPA - 2001
In this paper we compare the nature and determinants of outflows from unemployment in the case of the Czech and Slovak Republics which in early 1990’s experienced a process close to a controlled experiment. Overall, our study suggests that the exceptionally low unemployment rate in the Czech...
Persistent link: https://www.econbiz.de/10005407653
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Workplace location and travel effects from teleworking
Lim, H.N. - EconWPA - 2002
Travel time losses in the Netherlands are likely to get worse in the years ahead if capacity is not added to cope with the demand. This particularly creates problems for business travel, which is characterized by a high “value of time”. In the Netherlands, policy makers have a long-standing...
Persistent link: https://www.econbiz.de/10005408329
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Human Capital in Transitional Russia
Vernon, Victoria - EconWPA - 2002
This paper applies parametric and nonparametric techniques to the most recent data from the Russian Longitudinal Monitoring Survey (RLMS) 1992- 2000 and shows the returns to schooling increased over the course of transition, overall and for attainment cohorts neither at the top nor bottom of the...
Persistent link: https://www.econbiz.de/10005076535
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A MESSAGE TO GORBACHEV:REDISTRIBUTE THE WEALTH
Feige, Edgar L. - EconWPA - 2005
The transition from a planned to a market oriented economy requires a complex amalgam of stabilization, liberalization and privatization policies. This paper outlines a combination of policies believed to be necessary, if not sufficient to enlist the efficiency of market mechanisms along with a...
Persistent link: https://www.econbiz.de/10005062463
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PERESTROIKA AND RUBLE CONVERTIBILITY
Feige, Edgar L. - EconWPA - 2004
This paper examines the role of money in market and centrally planned economies. It then proposes a program and sequence of institutional, macroeconomic and monetary reform aimed at achieving a stable transition. An egalitarian redistribution of the state's custodial assets to its citizens is...
Persistent link: https://www.econbiz.de/10005407703
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the Transition Process in China: A theoretic and empirical Study
Pu, Chen; Chihying, Hsiao - EconWPA - 2005
In this paper we analyse the driving forces of the transition from plan to market in China. A two segments and two sectors model is constructed to take into account the particular economic situation in China during the transition process: a large agricultural sector and an industrial sector; a...
Persistent link: https://www.econbiz.de/10005556000
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The Transition to a Market Economy in Russia: Property Rights, Mass Privatization and Stabilization
Feige, Edgar L. - EconWPA - 2003
The Soviet Union and the nations of Eastern Europe are undergoing a historically unprecedented restructuring as they move inexorably from centrally planned economies toward market economies. This historic transition must be guided by a coherent set of stabilization policies to reduce the threat...
Persistent link: https://www.econbiz.de/10005118685
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PERESTROIKA AND SOCIALIST PRIVATIZATION: WHAT IS TO BE DONE? AND HOW?
Feige, Edgar L. - EconWPA - 2003
This paper examines the question of whether a communist nation, characterized by state ownership of the means of production and a centrally planned command system of allocation can be transformed into an efficient market oriented economy without fully compromising the socialist ideals of an...
Persistent link: https://www.econbiz.de/10005118763