Der Verfasser setzt sich zunächst anknüpfend an Kornai auf theoretischer Ebene mit der Problematik weicher Budgetrestriktionen auseinander und weist auf Schwierigkeiten bei der Interpretation von Unternehmensdaten in diesem Zusammenhang hin. Vor diesem Hintergrund werden empirische Daten aus...

In this paper we look at how much of a burden the business environment can place on firms. For the first time, the BEEPS V round of business environment surveys conducted in 2012-14 included a question asking managers to predict their cost reductions if a range of obstacles to their operation...

This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed market economies. The primary focus of the study is on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic...