This paper presents one of the first studies of firm demographics in Estonia, particularly, on the processes of firm … entry and exit as well as survival analysis of new firms. Also decompositions of productivity change into components … consisting of resource reallocation, firm entry and exit, and productivity growth within continuing firms is carried out. Our …

This paper provides new evidence on the link between finance and firm-level productivity focusing on the case of … Estonia. We contribute to the literature in two important respects: (1) we look explicitly at the role of financial … find that financial constraints do not lower productivity for most sectors with the exception of R&D, where the dampening …

The purpose of the paper is to find out whether linkages between productivity and innovation are different among … Estonian service sector sub-sectors. In this paper productivity is measured as value added per employee. An original approach … toward measurement of productivity is used, decomposing it into three components: labour costs, depreciation and gross profit …

This study develops a parsimonious stable coe?cient money demand model for Estonia for the period from 1995 till 2006 …

on the unconditional, down-flow grant system in Estonia. In particular the procedure of determining the total sum of …

This article documents and analyses gross job flows and their determinants in Estonia over the years 1995-2001, using a … database containing the population of officially registered firms in Estonia (all in all 52,000). Our results show that job … creation and job destruction rates have been rather high in Estonia and are comparable to the levels documented for the US. We …

changes during the last ten years in the Estonian benefit system have influenced the incentives. As Estonia belongs to the …

planning and ask about differences in job creation across two different transition economies: Estonia, which experienced rapid …