In this paper we test the hypothesis that the economic transition toward a market economy increases the efficiency of firms. We study 32 Polish electricity distribution companies between 1997-2002, by applying common benchmarking methods to the panel: the nonparametric data envelopment analysis...

In this paper we document and analyse gross job flows in five transition countries, Poland, Estonia, Slovenia, Bulgaria and Romania. Using comparable firm level data over the years 1993- 1997, we find that in early transition job destruction dominates job creation, while the latter is picking up...

This paper presents error correction estimates of a simple interdependent model of the labour market using monthly data over 1990-1994 for the industrial sector in Poland and Hungary. The aim is to investigate three issues in the performance of labour markets during transition. First, is there a...

Poland and Hungary, the most persistent tinkerers with the Soviet economic system, became also the first communist countries to have allowed debates on the need to rearrange the structure of property rights in the economy as a way to improve its performance. Elsewhere, until the end of the...

Bis zum Beitritt der DDR zur Bundesrepublik Deutschland war der Austausch von Gütern und Dienstleistungen die wichtigste Form der wirtschaftlichen Zusammenarbeit Polens mit beiden deutschen Staaten. Intensität, Ausmaß und Struktur der Handelsbeziehungen waren jedoch im Zeitablauf sehr...

Economic re-integration after a long period of separation among countries with different levels of development is expected to start in border regions. Enterprises along the borderline can gain a rent due to low transport and transaction costs. They benefit from the fortunate opportunity of...

This paper assesses the prospects for the new Polish monetary policy strategy of inflation targeting. Regarding the general requirements for implementing an inflation targeting strategy it appears that Poland has made sufficient progress in reducing fiscal dominance and hardening budget...