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This paper uses representative firm level panel data of 1,701 Bulgarian and 2,047 Romanian manufacturing firms to estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased competitive pressure. In contrast to earlier work that analyzes...
Persistent link: https://www.econbiz.de/10010313301
In this paper, we analyze the effects of trade, concentration and ownership on the pricing behavior of firms in two transition countries, Bulgaria and Romania. We use an extensive dataset of more than 3000 firms and sector level infirmation to estimate the effects of these three factors on the...
Persistent link: https://www.econbiz.de/10010313314
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison …
Persistent link: https://www.econbiz.de/10010297541
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe …
Persistent link: https://www.econbiz.de/10010287971
effects of increased import competition are reinforced for foreign owned firms. In contrast, in Bulgaria and Romania … market structures is associated with higher total factor productivity. However, these effects depend on the ownership …
Persistent link: https://www.econbiz.de/10010313417
competition arising from trade reforms lead to increases in innovation? This paper attempts to examine the link between trade … Licandro (2009, 2010) as guide, a two-stage approach is tested where trade and innovation are linked via competition. A … liberalization has significant positive impact on innovation through competition.Given the crucial role of competition in the …
Persistent link: https://www.econbiz.de/10011421238
report consists of international comparisons. The main comparison countries are the so-called old EU countries (EU15) of … the international comparisons, the price formation of the food chain, degree of concentration, competition, and the …, competition works in Finland just as well in agriculture, the foodstuffs industry and the wholesale and retail trade as it does in …
Persistent link: https://www.econbiz.de/10010273052
The Slovenian transition represents a slow but steady liberalization of constraints on competition. Using a unique … of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in … as surviving firms, prove to be the major source of TFP gains. Market competition from new entrants, foreign-owned firms …
Persistent link: https://www.econbiz.de/10010261614
factor productivity in a large sample of Italian firms. By splitting the full sample on the basis of the ex-ante likelihood … shocks, provided they affect all firms randomly. Both market power and total factor productivity are estimated by applying …" firms a positive transitory shock to productivity growth rates is observed immediately after the announcement of the reform …
Persistent link: https://www.econbiz.de/10011608385
The report analyses the impacts of globalization on competitiveness of national economies, industries and firms. The focus is in mechanical and electrical engineering and machinery. Global division of labor has significantly changed over the past few decades when the large emerging economies -...
Persistent link: https://www.econbiz.de/10010333094