Showing 1 - 10 of 249
adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …
Persistent link: https://www.econbiz.de/10005504437
This Paper investigates whether the efficiency effect of product market dispersion is a function of the infrastructural and policy environment. We hypothesise that more developed transportation and communication infrastructure and lower government regulation may reduce transaction costs,...
Persistent link: https://www.econbiz.de/10005504465
, but increased slightly during the transition, while job destruction rose markedly. Heterogeneity in firm employment change … during the socialist period, while they have made a strong positive contribution during the transition. Privatization and …
Persistent link: https://www.econbiz.de/10005666804
transition. These firms were selected for listing on the exchange and presumably had better access to external capital. In …
Persistent link: https://www.econbiz.de/10005791387
How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This Paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...
Persistent link: https://www.econbiz.de/10005123720
East Germany remains unique among the transition economies. Soon after the fall of the Berlin Wall in 1989, it became … well as local capacities. Third, the Kohl government's policy towards East German transition, driven by short …
Persistent link: https://www.econbiz.de/10005124285
This essay surveys macroeconomic issues that marked the transition from centrally planned to market economy in Central … and Eastern European and former Soviet Union countries. We first establish a set of stylized facts of the transition so …) institutions collapsed, and (7) the transition costs. We then critically survey the theoretical literature on transition …
Persistent link: https://www.econbiz.de/10005114235
A critical, but largely unexamined assumption in the debate over reform policy design, concerns the complementarity or substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that distinguishes two aspects of privatization...
Persistent link: https://www.econbiz.de/10005114270
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,...
Persistent link: https://www.econbiz.de/10005504242
We use a rich personnel data set from a Russian firm for the years 1997 to 2002 to analyze how the financial crisis in 1998 and the resulting change in external labour market conditions affect the wages and the welfare of workers inside a firm. We provide evidence that large shocks to external...
Persistent link: https://www.econbiz.de/10005504350