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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 …
Persistent link: https://www.econbiz.de/10005822646
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 …
Persistent link: https://www.econbiz.de/10010268767
This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a …
Persistent link: https://www.econbiz.de/10011307462
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10010269431
total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …
Persistent link: https://www.econbiz.de/10010541274
total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a … the degree of market competition. It applies to open economies as well, if total factor productivity is constructed using … productivity be constructed with prices and quantities as perceived by consumers, not firms. Thus, factor shares need to be …
Persistent link: https://www.econbiz.de/10010286892
values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility …
Persistent link: https://www.econbiz.de/10008514853
productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 … log points for the level, and 9 to 16 for productivity growth. The strongest estimated impacts arise from sales to foreign …
Persistent link: https://www.econbiz.de/10010262532
productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 … log points for the level, and 9 to 16 for productivity growth. The strongest estimated impacts arise from sales to foreign …
Persistent link: https://www.econbiz.de/10005566810
How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
Persistent link: https://www.econbiz.de/10010262315