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This paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...
Persistent link: https://www.econbiz.de/10005677517
estimate price-cost margins and to analyze how these are affected by privatization and increased competitive pressure. The … estimating firm performance, by making use of the properties of the primal and dual Solow residual. We find that privatization is … domestic privatized firms. Our results suggest that the sequencing of reforms, such as demonopolization prior to privatization …
Persistent link: https://www.econbiz.de/10005677637
net job creation at the firm level was affected by privatization in Bulgaria, privatization in Romania did not have any …
Persistent link: https://www.econbiz.de/10005677589
Eastern German privatization and restructuring of firms is seen as a special case because of the peculiarities of … and organization, the extent and the speed of privatization, it had to take into account politico-economic repercussions … privatization is only in a limited way a special case and therefore some lessons can be drawn for other transition countries. …
Persistent link: https://www.econbiz.de/10005784716
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …
Persistent link: https://www.econbiz.de/10005784793
According to leading economic theorists, creating capitalism out of communism requires rapid privatization. In this … article we empirically test the welfare implications of privatization policies in Post-Soviet countries by using cross …-national panel mortality data as an indicator of social costs. We find that rapid privatization – whether measured by a novel measure …
Persistent link: https://www.econbiz.de/10005677434
Post-privatization restructuring of former state-owned enterprises (FSOEs) encompasses both shorter-run "defensive …
Persistent link: https://www.econbiz.de/10005677509
This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of...
Persistent link: https://www.econbiz.de/10005677645
that influence innovation by firms and their subsequent growth. Using a dataset from a survey of nearly 4,000 firms in 24 … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … market power in product markets are utilised to undertake innovation. …
Persistent link: https://www.econbiz.de/10005652631
The emerging literature on the characteristics of innovation processes in the service sector has paid relatively little … attention to the links between innovation and productivity. In this paper we investigate how the innovation … of equations for innovation expenditures, innovation output, productivity and exports. We use data from the community …
Persistent link: https://www.econbiz.de/10010545911