Showing 1 - 10 of 21
In the context of Romania's macroeconomic and agricultural transformation, this paper analyses the current extent of the depth of rural finance and discusses the implications for the future development of rural financial markets in Romania. The overall agricultural support system is reviewed...
Persistent link: https://www.econbiz.de/10005292576
This paper reviews recent developments and progress in the restructuring of the Russian economy. Great emphasis is placed on industrial policy and creating the necessary legal and regulatory framework to enable the development of new enterprises, markets and the restructuring of existing...
Persistent link: https://www.econbiz.de/10005292577
This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. We exploit the key longitudinal feature of our data to measure and control for pre-privatization...
Persistent link: https://www.econbiz.de/10005292578
Politically, the eight Southeast European countries have been less stable than those countries in Central Europe and the Baltics which are on track for EU Accession in 2004. The former countries have achieved generally poorer economic performance since 1990, and their economic reforms have also...
Persistent link: https://www.econbiz.de/10005292584
process of convergence of transition countries with developed market economies. The primary focus of the study is on … by restructuring; we are able to do this because the BEEPS cover thousands of firms from virtually all transition … of natural benchmarks. We find substantial evidence of convergence of transition countries with developed market …
Persistent link: https://www.econbiz.de/10005518433
How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This paper studies the consequences of enterprise privatization and liberalization of product markets, labour markets, and imports in the former Soviet Republics of Russia and Ukraine....
Persistent link: https://www.econbiz.de/10005518435
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. Controlling for firm and industry-year fixed effects and employing a wide variety of measurement approaches, we...
Persistent link: https://www.econbiz.de/10005518439
transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of …
Persistent link: https://www.econbiz.de/10005518450
transition. Our findings indicate that remuneration is not predetermined by formal rules and a stable institutionalized structure …
Persistent link: https://www.econbiz.de/10005157523
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, faster reform is associated with larger contributions from reallocation, but … later, and on average over the whole transition, this relationship is reversed. Though reallocation rates are larger in …
Persistent link: https://www.econbiz.de/10005187373