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Die deutsche Wiedervereinigung und die Systemtransformation in Rußland stehen für zwei große Herausforderungen beim institutionellen, wirtschaftlichen und wirtschaftspolitischen Umbau industrialisierter Volkswirtschaften. Ausgewäh¤lte unternehmerische, juristische und politische...
Persistent link: https://www.econbiz.de/10000673236
Persistent link: https://www.econbiz.de/10001324883
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/10014118279
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/10014125656
Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...
Persistent link: https://www.econbiz.de/10012964690
We study how ownership affects productivity. Privatization of state-owned enterprises (SOEs) was a major economic … exploit a lag structure in the timing of ownership changes (i.e., privatization/liquidation takes time to implement). Results … suggest private firms are 53% more productive than SOEs on average, but the benefits of privatization take several years to …
Persistent link: https://www.econbiz.de/10013234474
Subordination of business to political influence has remains pervasive in China. We construct a Schumpeterian-type model of growth with managerial time allocation between productive activities and building up political connections. The model predicts the impact of different patterns of state...
Persistent link: https://www.econbiz.de/10011571621
positive relationship between firm ability to pay and wage increases. Privatization appears important for the strategic …
Persistent link: https://www.econbiz.de/10014103733
privatization, rather weak competition, unexpectedly hardbudget constraints, an overwhelmingly negative and relatively positive … accomplished. That is: stronger competition and betterinstitutions go with more restructuring, while privatization and harder …
Persistent link: https://www.econbiz.de/10011303312
Transition requires the reallocation of resources across activities through closure of inefficient firms and the creation of new firms. It also requires restructuring of existing firms where improvements in performance are feasible. Both processes are closely tied together and are aimed at...
Persistent link: https://www.econbiz.de/10014191081