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How do economic policies and institutions affect job reallocation processes and their consequences for productivity … little relationship to relative productivity across firms and sectors. Since liberalization began, the pace, heterogeneity …, and productivity effects of job flows have increased substantially. The increases occurred more quickly in rapidly …
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the 1980s, Ukrainian job reallocation in the 1990s was clearly productivity-enhancing, both within and across industries … to which it has contributed to aggregate productivity growth. …
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the 1980s, Ukrainian job reallocation in the 1990s was clearly productivity-enhancing, both within and across industries … to which it has contributed to aggregate productivity growth. …
Persistent link: https://www.econbiz.de/10002349350
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … decomposition technique to better reflect the role of firm entry, we find that reallocation rates and productivity contributions are … very low under socialism, but they rise dramatically after reforms, and productivity contributions greatly exceed those …
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