This paper uses representative firm level panel data of 1,701 Bulgarian and 2,047 Romanian manufacturing firms to estimate market power (i.e. price-cost margins) and to analyze how these are affected by privatization and increased competitive pressure. In contrast to earlier work that analyzes...

In this paper, we analyze the effects of trade, concentration and ownership on the pricing behavior of firms in two transition countries, Bulgaria and Romania. We use an extensive dataset of more than 3000 firms and sector level infirmation to estimate the effects of these three factors on the...

This paper examines whether exporting activity matters for ffirm's price cost margins. The recent literature on exporting and productivity shows that exporters on average are more efficient than nonexporters. If that is the case we may also expect them to have different mark-ups. We investigate...

This paper analyzes the effect of job creation and job destruction on the voting patterns of individuals in Poland during the 1997 and 2001 parliamentary elections. First, we link the votes for the left wing party to the unemployment rate and the job creation and destruction rates in the...

We look at the detfirminants and consequences of job reallocation in the 22 2-digit sectors of the manufacturing industry in Poland over the period 1993 - 1997. Import competition and competitive market structure (weak concentration) are found to lead to more reallocation. Moreover, more...

This paper analyses the causes of managerial change and the impact of different reforms on firm performance, using survey data from 300 Ukrainian firms. The main findings are: 1) ownership and competition are linked to managerial change: de novo firms but also privatised firms experienced less...

This paper uses firm level panel data of firm provided training to estimate its impact on productivity and wages. To this end the strategy proposed by Ackerberg, Caves and Frazer (2006) for estimating production functions to control for the endogeneity of input factors and training is applied....

In this paper we investigate to what extent firm investment in transition countries is sensitive to internal finance. We use accounts data of over 4000 companies in four countries at different stages of transition. We find that firms in Bulgaria and Romania are less sensitive to internal...

In most transition countries the aggregate level evidence suggests that most industries are just destroying jobs, due to the legacy of communism where ovfirmanning levels of employment were the nfirm. This paper sheds light on whether the transition process in Slovenian manufacturing has been...

Past evidence on the incidence of payroll tax subsidies on employment and wages for disadvantaged workers has been quite mixed. Therefore, this paper makes use of a unique panel of firm level data and a natural experiment to analyze the incidence of wage subsidies on full-time manual workers and...