Competition and enterprise performance in transition economies:Evidence from a cross-country survey.Working Paper No.376.May,2001 PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Competition and enterprise performance in transition economies:Evidence from a cross-country survey.Working Paper No.376.May,2001 PDF full book. Access full book title Competition and enterprise performance in transition economies:Evidence from a cross-country survey.Working Paper No.376.May,2001 by Wendy Carlin,Steven Fries,Mark Schaffer and Paul Seabright. Download full books in PDF and EPUB format.
Author: Wendy Carlin,Steven Fries,Mark Schaffer and Paul Seabright
Publisher:
ISBN:
Category :
Languages : en
Pages : 49
Get Book Here
Book Description
Author: Wendy Carlin,Steven Fries,Mark Schaffer and Paul Seabright
Publisher:
ISBN:
Category :
Languages : en
Pages : 49
Get Book Here
Book Description
Author: Wendy Carlin
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 56
Get Book Here
Book Description
Author: Wendy Carlin
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of transition has taught us about the factors that determine how firms respond to the new market environment. We go on to analyse the impact on performance of ownership, soft budget constraints, the general business environment and a range of measures of the intensity of competition as perceived by a firm. We find that competition has an important and non-monotonic effect on the growth of sales and of labour productivity: some degree of perceived market power is associated with higher sales growth, but competitive pressure is also important. Similar competition effects are found upon firms' decisions to develop and improve their products, but market power has an unambiguously negative impact on purely defensive (cost-reducing) restructuring activity. New firms have grown relatively fast, but among old firms ownership per se has no significant relationship to performance (though state-owned firms have engaged in significantly less development of new products). Soft budget constraints have a broadly negative and the business environment a broadly positive impact on restructuring and performance.
Author: Pradeep Mitra
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic environment by restructuring. The authors find substantial evidence of convergence in a number of dimensions. The pattern of growth at the country, sector, and firm levels shows rapid growth of the new private sector and of the micro and small-firm sectors, with the size distribution of firms moving toward the pattern observed in the surveys of developed market economies. In finance, increasing reliance on retained earnings in transition countries reflects a maturation of the sector as new firms come to rely less on informal and family sources of finance. The authors find evidence of an inverse-U pattern, with the peak of restructuring activity taking place in 2002, the middle of the period analyzed. Throughout, the regional patterns suggest greater convergence in the transition countries that joined the European Union in 2004 than in the other, lower-income transition economies.
Author: Pradeep Mitra
Publisher:
ISBN:
Category :
Languages : en
Pages : 82
Get Book Here
Book Description
This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic environment by restructuring. The authors find substantial evidence of convergence in a number of dimensions. The pattern of growth at the country, sector, and firm levels shows rapid growth of the new private sector and of the micro and small-firm sectors, with the size distribution of firms moving toward the pattern observed in the surveys of developed market economies. In finance, increasing reliance on retained earnings in transition countries reflects a maturation of the sector as new firms come to rely less on informal and family sources of finance. The authors find evidence of an inverse-U pattern, with the peak of restructuring activity taking place in 2002, the middle of the period analyzed. Throughout, the regional patterns suggest greater convergence in the transition countries that joined the European Union in 2004 than in the other, lower-income transition economies.
Author: Klaus Friesenbichler
Publisher:
ISBN:
Category :
Languages : en
Pages : 37
Get Book Here
Book Description
This paper provides a survey of the effects of market competition in the transition economies of Eastern Europe and Central Asia. The pivotal element of the transition was inter-firm competition, which replaced economic planning as the method to identify demand. Pro-competitive policies that facilitated the transition are discussed, including international trade, attracting foreign direct investment and firm entry. Research topics with respect to competition changed as the transition advanced. The focus shifted from churn and macroeconomic shock-management in the initial phases toward firm entry, privatisation and restructuring of incumbents. In the later phases of transition, differentials in aggregate economic performance became obvious, pointing at institutional differences and their interplay with transitions. These are equally reflected by the degree of competition of the business environment. Also the methods changed with the evolution of the research agenda. Early case studies were displaced by large-scale, cross-country econometric studies as survey data became increasingly available.
Author: Maria Vagliasindi
Publisher:
ISBN:
Category : Europe, Eastern
Languages : en
Pages :
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Communist countries
Languages : en
Pages : 234
Get Book Here
Book Description
