aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, faster reform is associated with larger contributions from reallocation, but …

of China. In this paper we estimate the effect of deep reform (the right to hire and fire labour, buy and sell capital … and Pakes (1996), which corrects for simultaneity bias. Furthermore, we allow selection to reform to be endogenous, and … correct for this selection bias by formulating an entry rule to reform similar to the Olley and Pakes (1996) exit rule. We …

variation in their implementation across regions and sectors for identification. Our results show that the reform of … overall productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it …