In this paper we try to explain some restructuring patterns of Czech textile and clothing industries from a microeconomic point of view. We introduce two measures of production efficiency (the technical and the allocative efficiency) and look at changes in the behaviour of enterprises. In 1994,...

In this paper we try to explain some restructuring patterns of Czech textile and clothing industries from a microeconomic point of view. We introduce two measures of production efficiency (technical and allocative efficiency) and look at changes in the behavior of enterprises. In 1994, after the...

In this paper we try to explain some restructuring patterns of Czech textile and clothing industries from a microeconomic point of view. We introduce two measures of production efficiency (the technical and the allocative efficiency) and look at changes in the behaviour of enterprises. In 1994,...

While the savings of enterprises still represent the main source of investment capital, the relative share of this source is decreasing over time and the role of banking credit as a source of private investment is increasing in the case of the Czech Republic, Slovakia and Poland, (while Hungary...