aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism. After reforms, they rise dramatically, and productivity contributions greatly exceed those …

How do new and foreign firms achieve superior productivity? Do they conduct more and better R&D? Or do they distinguish … IT and less in R&D than initially state-owned firms. Productivity gains from R&D and non-technology investment are … investment. New firm productivity growth is a result of higher investment volume rather than investment efficiency. …