This paper examines the importance of agglomeration economies and institutions vis-agrave;-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...

Poverty estimates based on enumeration from a single point in time form the basis for most country-level analysis of poverty. Cross-country comparisons of poverty, and global counts of the poor, implicitly assume that country-level poverty headcounts are comparable. This paper illustrates that...

This paper revisits the decades-old puzzle of the inverse plot-size productivity relationship (IR), which states that land productivity decreases as plot size increases. While existing studies define land productivity or yields as self-reported production divided by plot size, we consider an...

How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This paper sheds light on this question using a unique data set and procedure to reduce sample selection bias. Our evidence is from consistently coded, non-retrospective data...

This book is a result of the 5th Biennual Conference of the European Association for Comparative Economic Studies "Economies in Transition and the Variety of Capitalisms: Features, Changes, Convergence" held in Varna, Bulgaria, 10-12 September 1998. It includes 28 papers from all discussed...