Now showing items 1-10 of 47
Spinoffs, Privatization and Corporate Performance in Emerging Markets
(2004-05-01)
We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly emerging market economy. Unlike the existing literature, which analyzes spinoffs almost exclusively in ...
Priorities and Sequencing in Privatization: Theory and Evidence from the Czech Republic
(2000-05-01)
While privatization of state-owned enterprises has been one of the most important aspects of economic transition from a centrally planned to a market system, no transition economy has privatized all its firms simultaneously. ...
Enterprise Investment During the Transition: Evidence from Czech Panel Data
(1997-05-01)
We analyze investment behavior of the population of medium and large industrial firms located in the Czech Republic in 1992-95. We examine the relevance of alternative models of investment and test if investment behavior ...
Wage Determination Under Communism and In Transition: Evidence from Central Europe
(2004-08-01)
Using large firm-level data sets from the Czech Republic, Slovakia, Poland and Hungary, we show that the wage behavior of firms changed considerably as these economies launched their transitions to a market system. We find ...
Labor Market Flexibility in Central and East Europe
(2002-08-01)
I explore the extent to which insufficient labor market flexibility is an important factor causing Central and East European (CEE) economies to perform worse than they could and hence slowing down their readiness to enter ...
Financial Conditions and Investment during the Transition: Evidence from Czech Firms
(2001-10-01)
In this paper, we examine net investment during the early stages of transition using micro data on the population of medium and large industrial firms in the Czech Republic during the 1992-95 period. We examine the relevance ...
When Does FDI Have Positive Spillovers? Evidence from 17 Emerging Market Economies
(2007-10-16)
We use firm-level data and national input-output tables from 17 countries over the 2002-2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms ...
Worker-Firm Matching and Unemployment in Transition to a Market Economy: (Why) Were the Czechs More Successful than Others?
(1998-01-01)
Using panel district level data from the Czech and Slovak Republic in the 1990s, we find that the exceptionally low unemployment rate in the Czech Republic as compared to Slovakia and the other CEE economies has been brought ...
Do Institutions, Ownership, Exporting and Competition Explain Firm Performance? Evidence from 26 Transition Countries
(2007-02-26)
We analyze a large stratified random sample of firms that provide us with measures of performance and each firm’s top manager’s perception of the severity of business environment constraints faced by his/her firm. Unlike ...