impact of several dimensions of market competition and other factors on enterprise efficiency. We analyze 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …

Russia. We link performance to four aspects of the economic environment: enterprise ownership; corporate governance; market … structures and competition; and financial constraints. We conclude that private ownership and improved performance are not …

Transition has entailed the introduction of policies to stimulate product market competition, to establish effective … relationship between competition and innovation, Aghion, Dewatripont and Rey (1999) showed that this could be reversed if agency … considerations were introduced. In their model competition acts as an incentive mechanism to reduce managerial slack, which produces …

This paper examines the importance of competition in the growth and development of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors …

profitability using new data on Russia that allow us to overcome the endogeneity problem of market structure and expand on the … are persistent in the long run. And we find for Russia that capital intensity is negatively related to profitability …

industry in Poland over the period 1993-1997. Import competition and competitve market structure (weak concentration) are found … specifications. This confirms implications from neo-Schumpterian growth models: one channel through which competition might …

Russia. We also explore the economic effects of harder budget constraints on enterprise behavior. The empirical work is based …

perform better that state owned firms. At the same time, it has been argued that competition and hard budget constraints can … 1999- 00 ownership was no longer a significant determinant of performance; induced by competition, public sector banks were …