Showing 1 - 10 of 361
sector and capital market development, on economic growth in transition economies. Mass privatization is found to be the only …
Persistent link: https://www.econbiz.de/10005067521
The paper examines privatization in Hungary over the last decade. It investigates the `spontaneous privatization' of the late 1980s and its relation to today's privatization efforts. It studies the changes in the economic structure of Hungary since 1988, and provides detailed information...
Persistent link: https://www.econbiz.de/10005124421
Firm-level data for the Czech Republic during 1992–6 suggest that foreign investment has tended to flow to firms of above average size, initial profitability and initial labour productivity. After controlling for this selection bias, we find that foreign investment has a positive, but...
Persistent link: https://www.econbiz.de/10005114387
This paper investigates the relationship between firm restructuring and international competition in Bulgaria during 1991–4. Two hypotheses are tested. First, firms in industries that are subject to significant international competition demonstrate greater increases in efficiency over time...
Persistent link: https://www.econbiz.de/10005114496
The behaviour of an oligopolistic industry in a transition economy is analysed, assuming that the firms are labour …
Persistent link: https://www.econbiz.de/10005497732
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …
Persistent link: https://www.econbiz.de/10005504218
adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …
Persistent link: https://www.econbiz.de/10005504437
This Paper investigates whether the efficiency effect of product market dispersion is a function of the infrastructural and policy environment. We hypothesise that more developed transportation and communication infrastructure and lower government regulation may reduce transaction costs,...
Persistent link: https://www.econbiz.de/10005504465
communism (1989), in mid-transition (1996) and in late/post-transition (2002). We show: dramatic increases in returns to … returns to education obtained during communism vs. transition; no change in wage-experience profiles over time; and similar … the planners did; all the adjustment occurred in early transition and was driven by market forces rather than private …
Persistent link: https://www.econbiz.de/10005666862
-productivity sector, and attracts an increasing employment share. During the transition, low wage growth sustains the return to capital …
Persistent link: https://www.econbiz.de/10005123794