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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/10005822646
Persistent link: https://www.econbiz.de/10010849997
Persistent link: https://www.econbiz.de/10010593501
The challenge for labour market policy in the new member states and other transition economies of Eastern Europe has … central planning, the job reallocation during the transition has contributed significantly to aggregate productivity growth …
Persistent link: https://www.econbiz.de/10010785846
How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...
Persistent link: https://www.econbiz.de/10010262315
, but increased slightly during the transition, while job destruction rose markedly. Heterogeneity in firm employment change … during the socialist period, while they have made a strong positive contribution during the transition. Privatization and …
Persistent link: https://www.econbiz.de/10010262559
adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …
Persistent link: https://www.econbiz.de/10010262684
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/10010268767
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
adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …
Persistent link: https://www.econbiz.de/10009476689