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Institutions and creative destruction in CEECs : determinants of inefficient use of assets

Fidrmuc, Jarko; Siddiquiy, Martin - 2015

We analyze the relationship between institutional quality and firm efficiency. Using rich data on firms in the European Union between 2005 and 2012, we show that high institutional quality lowers the share of persistently inefficiently used assets. The adverse effect of low institutional quality...

Persistent link: https://www.econbiz.de/10011375699

The risks and financial vulnerability of foreign bank ownership in CEECs : evidence from exchange rate depreciation after the financial crisis

Fidrmuc, Jarko; Kapounek, Svatopluk - In: Eastern European economics : EEE 58 (2020) 1, pp. 34-48

Persistent link: https://www.econbiz.de/10012203161

Reform reversals : areas, circumstances and motivations

Székely, István P.; Ward-Warmedinger, Melanie - In: Comparative economic studies 60 (2018) 4, pp. 559-582

Persistent link: https://www.econbiz.de/10012172384

Reform reversal in former transition economies (FTEs) of the European Union : areas, circumstances and motivations

Székely, István P.; Ward-Warmedinger, Melanie - 2018

The rapid journey from central planning to EU (euro area) membership stress-tested the social learning processes of the … EU, spurred major reform waves and led to the very rapid introduction of best-practice institutions. Although social … institutions played a dominant role in shaping the transition process. Along with the EU accession process, the EU acted as a …

Persistent link: https://www.econbiz.de/10011920110