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A Comparison of Reform-Era Labor Force Participation Rates of China’s Ethnic Minorities and Han Majority
Maurer-Fazio, Margaret; Hughes, James W.; Zhang, Dandan - William Davidson Institute, University of Michigan - 2005
Previous research suggests that minorities are not faring well in China’s transition—both income and occupational … employ data from the three most recent population censuses of China to explore differences in the labor force participation … rates of a number of China’s important ethnic groups. We estimate urban labor force participation rates using probit …
Persistent link: https://www.econbiz.de/10005677493
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Firm Performance in Bulgaria and Estonia: The effects of competitive pressure and disorganization
Konings, Jozef - William Davidson Institute, University of Michigan - 1998
This paper is concerned with the analysis of firm performance, measured as total factor productivity, using a panel of over 1200 Bulgarian and 200 Estonian firms. The main empirical conclusions are (i) higher Financial and competitive pressure improves firm performance in Bulgaria; (ii)...
Persistent link: https://www.econbiz.de/10005784673
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Job Creation, Job Destruction and Growth of Newly Established, Privatized and State-Owned Enterprises in Transition Economies: Survey Evidence from Bulgaria, Hungary and Romania
Bilsen, Valentijn; Konings, Jozef - William Davidson Institute, University of Michigan - 1997
This paper reports new and unique firm level survey evidence to investigate the micro economic nature of the growth process and structural change in three transition countries, Romania, Bulgaria and Hungary. In particular we investigate gross job creation and destruction in newly established...
Persistent link: https://www.econbiz.de/10005784730
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Explaining Postcommunist Economic Performance
King, Lawrence P. - William Davidson Institute, University of Michigan - 2003
This article critiques neoliberal transition theory from a neoclassical sociological perspective. Neoliberals argue that postcommunist economic failure is the result of inadequate adherence to neoliberal precepts. This paper argues that the neoliberal policy package of “Shock Therapy”...
Persistent link: https://www.econbiz.de/10005784804
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Taxes and Government Incentives: Eastern Europe vs. China
Gorden, Roger H.; Li, David D. - William Davidson Institute, University of Michigan - 1997
Local officials in China have strongly supported new non-state firms, yet other officials in transition countries have … source of government revenue. Local revenue in China came from profits and other taxes on new entrants, while elsewhere in …
Persistent link: https://www.econbiz.de/10005677610
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The Politics of Economic Reform in Thailand: Crisis and Compromise
Hicken, Allen - William Davidson Institute, University of Michigan - 2004
What explains the varying responses by Thai governments to changes in the international economic environment over time. To answer this the paper emphasizes the link between the nature of the political structure/policymaking environment and the government’s reform capacity. Thailand’s...
Persistent link: https://www.econbiz.de/10005489902
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Effective Tax Rates in Transition
Ivanenko, Vlad - William Davidson Institute, University of Michigan - 2001
The paper addresses the question of effective tax rates for Russian economic sectors in transition. It presents a detailed account of fiscal environment for 1995 and compares statutory obligations with reported tax liabilities. The paper finds that taxation did not contribute to recession, as...
Persistent link: https://www.econbiz.de/10005652602
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Convergence and shocks in the road to EU: Empirical investigations for Bulgaria and Romania
Figuet, Jean-Marc; Nenovsky, Nikolay - William Davidson Institute, University of Michigan - 2006
Despite their progress Bulgaria and Romania significantly differ from the EU economies. In this article, on the basis of the theoretical and empirical achievements of the theory of optimal and (endogenous) currency areas we study to what extent the two South European economies are able to adopt...
Persistent link: https://www.econbiz.de/10005677531
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Corporate Financial Policies and Performance Prior to Currency Crises
Bris, Arturo; Koskinen, Yrjö; Pons, Vicente - William Davidson Institute, University of Michigan - 2001
Using company level data from 17 countries that have suffered a currency crisis during the past decade, this paper documents that firms have increasing leverage and declining profitability prior to a crisis. After sorting companies into two groups based on their exchange rate beta, we show that...
Persistent link: https://www.econbiz.de/10005652558
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Public debt, economic growth and nonlinear effects: Myth or reality?
Égert, Balázs - William Davidson Institute, University of Michigan - 2013
This paper puts the Reinhart-Rogoff dataset to a formal econometric testing to see whether public debt has a negative nonlinear effect on growth if public debt exceeds 90% of GDP. Using nonlinear threshold models, we show that the negative nonlinear relationship between debt and growth is very...
Persistent link: https://www.econbiz.de/10011161374