This paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...

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...

By using panel data for a sample of Bulgarian manufacturing firms we investigate the impact of the privatization process. All sample firms started under state control and many were privatized during the study period. Our rich data enable us to use and estimate a number of specifications to...

The current article unveils and analyzes some important factors, influencing diversity in strategic decision-making approaches in local companies. Researcher's attention is oriented to survey important characteristics of the strategic moves, undertaken by leading companies in Bulgaria

Despite the importance and potential role of entrepreneurship for economies in Central and Eastern Europe, little attention has been devoted to identifying which factors contribute to the entrepreneurship in the region. The purpose of the present study is twofold. First, there is a comparison of...

This paper presents such a stocktaking of land reform and farm restructuring in four countries (Azerbaijan, Bulgaria, Kazakhstan, and Moldova) that have had particular difficulties with land reform, farm restructuring, farm performance, or rural poverty. It is organized by case studies, each of...