Showing 1 - 10 of 10
Economic restructuring in the transition from plan to market concerns the way enterprises try to achieve competitive advantage. Therefore, enterprises have to decide where to compete, that is to say with which product they should enter which markets, and how to compete, that is by which strategy...
Persistent link: https://www.econbiz.de/10009276103
This paper presents error correction estimates of a simple interdependent model of the labour market using monthly data over 1990-1994 for the industrial sector in Poland and Hungary. The aim is to investigate three issues in the performance of labour markets during transition. First, is there a...
Persistent link: https://www.econbiz.de/10009276306
In a transforming economy there is a common legacy of most companies: their low competitiveness as the result of an obsolete capital stock and overmanning, insufficient product quality that does not satisfy demand, distorted specialization patterns, high and partly ill-designed integration,...
Persistent link: https://www.econbiz.de/10009276359
Economic re-integration after a long period of separation among countries with different levels of development is expected to start in border regions. Enterprises along the borderline can gain a rent due to low transport and transaction costs. They benefit from the fortunate opportunity of...
Persistent link: https://www.econbiz.de/10009276410
In the five years after unification, efforts to bring up the eastern part of Germany to the level of the western one have made considerable progress. Eastern Germany's growth is moving towards the double digits, just like growth in the Pacific Rim region. But not all things have developed as...
Persistent link: https://www.econbiz.de/10009276550
The dynamics of privatization in the Eastern Germany can be better understood in terms of the 'economic polities' applied to the 'political markets'. The Treuhandanstalt played a key role in transforming the entire economy of the former GDR into the market economy in the wake of unification of...
Persistent link: https://www.econbiz.de/10009276686
Seven years after the transition from plan to market, it is hard to summon up much enthusiasm for the results of active restructuring of the eastern German economy. Although companies have made considerable efforts to reach the efficiency level of their western German counterparts, the gap is...
Persistent link: https://www.econbiz.de/10009276721
Efficiency scores of the National Innovation System (NIS) for 22 countries, including the BRICS, G7, are calculated with the Data Envelopment Analysis (DEA). Relevant factors that may affect the innovation system efficiency are summarized based on the NIS Approach and the New Growth Theory....
Persistent link: https://www.econbiz.de/10009370688
lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile … autoregression unit root test we check whether shocks to real GDP have permanent or temporary effects. In contrast to earlier studies … root hypothesis at the conditional mean of GDP, but also in the tails of the distribution where the lower tail corresponds …
Persistent link: https://www.econbiz.de/10010886932
product (GDP) in current and constant dollars of many countries during the times of recession and recovery. We then argue that …
Persistent link: https://www.econbiz.de/10005083380