The present paper provides first empirical evidence on the effects of entry on market conduct for a transition economy. We estimate size thresholds required to support different numbers of firms for seven retail and professional service industries in a large number of distinct geographic markets...

The present paper provides first empirical evidence on the relationship between market size and the number of firms for a transition economy. We estimate size thresholds required to support different numbers of firms for seven retail and professional service industries in a large number of...

Recent discussions on the definition of growth in terms of welfare beyond GDP suggest that it is of urgent need to develop new approaches for measuring the economic performance of the firms and national economies. The new concepts should take into account simultaneously economic as well as...

We identify the sources of long-term economic growth in V4 countries and in Finland in this paper. We show the differences in productivity levels and their development over time, with following decomposition of productivity gap to technological backwardness and inefficiency. We deal with an...

We compare the short-term and long-term sources of economic growth in the SR and Austria. The analysis of short-term economic growth is based on the decomposition of demand factors and their contribution to economic growth. Long-term sources of economic growth are analyzed by the means of growth...