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impact of several dimensions of market competition and other factors on enterprise efficiency. We analyze 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …
Persistent link: https://www.econbiz.de/10014160741
This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence …-year period. We begin by surveying what a decade of transition has taught us about the factors that determine how firms respond to … the new market environment. We go on to analyse the impact on performance of ownership, soft budget constraints, the …
Persistent link: https://www.econbiz.de/10014131025
or substitutability of market competition and private ownership in increasing firm efficiency. We analyze a simple …A critical, but largely unexamined assumption in the debate over transition policy design concerns the complementarity … for 80.5 percent of total manufacturing employment in 1992. We find that nonstate ownership of a firm reduces the marginal …
Persistent link: https://www.econbiz.de/10014136392
This paper examines the importance of competition in the growth and development of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of …
Persistent link: https://www.econbiz.de/10014072168
describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …
Persistent link: https://www.econbiz.de/10010262532
describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …
Persistent link: https://www.econbiz.de/10011402871
An economic topology can have many uses to the academician, student and practitioner. Refining a topology of economic systems helps bring together seemingly disparate characteristics and point out potential long run trends. The progression of economic systems over time and also brief...
Persistent link: https://www.econbiz.de/10011111125
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....
Persistent link: https://www.econbiz.de/10011324978
Persistent link: https://www.econbiz.de/10002402972
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....
Persistent link: https://www.econbiz.de/10011606525