Showing 221 - 230 of 34,015
China has sought to improve enterprise performance not through privatisation as in other transition economies, but …
Persistent link: https://www.econbiz.de/10011146235
gone through several phases of transition, having a mail goal the liberalization of their economies. Experiences taken from … practical point of view. The economists are still debating various strategies and their economic transition, because the … problems of transition in CEE countries are not fully resolved. The purpose of this article was the theoretical and empirical …
Persistent link: https://www.econbiz.de/10011106076
by restructuring; we are able to do this because the BEEPS cover thousands of firms from virtually all transition … process of convergence of transition countries with developed market economies. The primary focus of the study is on … of natural benchmarks. We find substantial evidence of convergence of transition countries with developed market …
Persistent link: https://www.econbiz.de/10005518433
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. Controlling for firm and industry-year fixed effects and employing a wide variety of measurement approaches, we...
Persistent link: https://www.econbiz.de/10005518439
In a framework similar to the models of expectation on economic policy, we purpose a model where the government subsidizes firms privatized by massive giveaways to the managers who are empire- builders. The government injects funds because its aim is to avoid a drastic fall of output when a...
Persistent link: https://www.econbiz.de/10005556046
We analyze the impact of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. Controlling for firm and industry-year fixed effects and employing a wide variety of measurement approaches, we...
Persistent link: https://www.econbiz.de/10005116752
an increase in the West (labor supply movements, product demand shifts, technical change) or the transition … institutional and organizational explanations, particularly the high productivity of education in restructuring and entrepreneurial …
Persistent link: https://www.econbiz.de/10005116762
This paper uses data from a large survey of firms across 26 transition countries to examine the determinants of trust … in the transition process. We first introduce a new measure of trust between firms: the level of prepayment demanded by …
Persistent link: https://www.econbiz.de/10005118924
The purpose of this paper is to carefully assess the size of public sector within the Russian banking industry. We identify and classify at least 78 state-influenced banks. For the state-owned banks, we distinguish between those that are majority-owned by federal executive authorities or Central...
Persistent link: https://www.econbiz.de/10008563373
communism (1989), in mid-transition (1996) and in late/post-transition (2002). We show: dramatic increases in returns to … returns to education obtained during communism vs. transition; no change in wage-experience profiles over time; and similar … the planners did; all the adjustment occurred in early transition and was driven by market forces rather than private …
Persistent link: https://www.econbiz.de/10005666862