Theoretical considerations suggest that the option of waiting under conditions of uncertainty affects the relative importance of firm-level productivity and distance-related transaction costs as driving forces of FDI. Yet the timing of FDI has received little attention in the empirical...

This paper assess determinants of productivity gaps between firms in the European transition countries and regions and firms in West Germany. The analysis is conducted at the firm level by use of a unique database constructed by field work. The determinants tested in a simple econometric...

Während in Tschechien 1998 bereits vergleichsweise viele rentable Arbeitsplätze bereitgestellt werden konnten, war Sachsen hier weniger erfolgreich. Auf der anderen Seite ist in Sachsen das erzeugte Einkommen pro Kopf deutlich stärker gestiegen als in Tschechien. Die günstigere...

The paper assesses differences in productivity and its determinants among enterprises manufacturing cosmetics and detergents (NACE 245) and located in Germany and in three EU new member states. The database collected through conducting an identical survey in Germany, Poland, Czech Republic and...