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Competitive Shocks and Industrial Structure: The Case of Polish Manufacturing
Ghemawatt, Pankaj; Kennedy, Robert E. - William Davidson Institute, University of Michigan - 1997
A large number of countries have recently experienced competitive shocks: sudden increases in the role that market forces play in determining the evolution of various industries. In this paper, we study the implications of Poland's competitive shock for three elements of the structure of that...
Persistent link: https://www.econbiz.de/10005489873
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MODELING INSTITUTIONS, START-UPS AND PRODUCTIVITY DURING TRANSITION
Brixiova, Zuzana; Egert, Balazs - William Davidson Institute, University of Michigan - 2010
The transition paths from plan to market have varied markedly across countries. Central and Eastern European and the … firms at an earlier stage of transition, underscoring the importance of reforms. The role of the state sector as an employer … during transition rises in countries where reforming institutions is particularly costly. …
Persistent link: https://www.econbiz.de/10008529038
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The Link between Innovation and Productivity in Estonia’s Service Sectors
Vahter, Priit; Masso, Jaan - William Davidson Institute, University of Michigan - 2011
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-productivity relationship differs across various subbranches of the...
Persistent link: https://www.econbiz.de/10010545911
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Financial Efficiency and the Ownership of Czech Firms
Kocenda, Evzen; Hanousek, Jan; Masika, Michal - William Davidson Institute, University of Michigan - 2011
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves over time, and how firm financial efficiency is...
Persistent link: https://www.econbiz.de/10010545914
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Determinants of Employment Growth at MNEs: Evidence from Egypt, India, South Africa and Vietnam
Bhaumik, Sumon Kumar; Meyer, Klaus; Estrin, Saul - William Davidson Institute, University of Michigan - 2004
Foreign investors are expected to contribute to economic development through a variety of channels. However, many foreign investment operations are small, and almost insignificant in their impact on the local environment. An important indication of the potential contribution of foreign investors...
Persistent link: https://www.econbiz.de/10005784688
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The Impact on Structural Reforms on Employment Growth and Labour Productivity: Evidence from Bulgaria and Romania
Dimova, Ralitza - William Davidson Institute, University of Michigan - 2003
Using firm-level data from Bulgaria and Romania, this paper addresses a lacuna in the transition literature, namely …
Persistent link: https://www.econbiz.de/10005677589
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Bank Competition and Financial Stability: Much Ado About Nothing?
Zigraiova, Diana; Havranek, Tomas - William Davidson Institute, University of Michigan - 2015
competition and stability, especially in developing and transition countries, even when corrected for publication bias and …
Persistent link: https://www.econbiz.de/10011161371
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Does Institutional Quality Affect Firm Performance? Insights from a Semi-Parametric Approach
Bhaumik, Sumon; Dimova, Ralitza; Kumbhakar, Subal C.; … - William Davidson Institute, University of Michigan - 2012
Using a novel modeling approach, and cross-country firm level data for the textiles industry, we examine the impact of institutional quality on firm performance. Our methodology allows us to estimate the marginal impact of institutional quality on productivity of each firm. Our results bring...
Persistent link: https://www.econbiz.de/10010545915
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Does Institutional Quality Affect Firm Performance? Insights from a Semi-Parametric Approach
Bhaumik, Sumon; Dimova, Ralitza; Kumbhakar, Subal C.; … - William Davidson Institute, University of Michigan - 2012
Using a novel modeling approach, and cross-country firm level data for the textiles industry, we examine the impact of institutional quality on firm performance. Our methodology allows us to estimate the marginal impact of institutional quality on productivity of each firm. Our results bring...
Persistent link: https://www.econbiz.de/10010552177
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CAPITAL ACCOUNT POLICIES, IMF PROGRAMS AND GROWTH IN DEVELOPING REGIONS
Bicaba, Zorobabel; Brixiová, Zuzana; Ncube, Mthuli - William Davidson Institute, University of Michigan - 2014
This paper examines capital account policy choices in an innovative model with adaptive learning under uncertainty. In the model, countries’ past experiences and IMF programs influence policymakers’ beliefs about impact of capital account liberalization on growth, taking into account...
Persistent link: https://www.econbiz.de/10011124478