Economic reforms in Poland have been aimed at engendering a competitive market economy. Reforms envisaged deconcentration, restructuring and privatisation of state enterprises. Together with private entry and growth, a competitive market structure was expected to evolve. Competitive shocks...

This paper argues that factor demand linkages can be important for the transmission of both sectoral and aggregate shocks. We show this using a panel of highly disaggregated manufacturing sectors together with sectoral structural VARs. When sectoral interactions are explicitly accounted for, a...

This paper argues that factor demand linkages can be important for the transmission of both sectoral and aggregate shocks. We show this using a panel of highly disaggregated manufacturing sectors together with sectoral structural VARs. When sectoral interactions are explicitly accounted for, a...