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Trade reorientation and post-reform productivity growth in Bulgarian enterprises

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Author Info

  • Simeon Djankov
  • Bernard Hoekman

Abstract

This paper analyzes the importance of integration into world markets following the collapse of central planning in explaining the productivity growth performance of Bulgarian firms. Using a large panel data set on 1,300 manufacturing firms for 13 quarters, we find that a shift towards sourcing from - and exporting to - OECD markets is a significant factor explaining firm-level total factor productivity growth.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/13841289808523379
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Journal of Economic Policy Reform.

Volume (Year): 2 (1998)
Issue (Month): 2 ()
Pages: 151-168

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Handle: RePEc:taf:jpolrf:v:2:y:1998:i:2:p:151-168

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Related research

Keywords: Bulgaria; economics of transition; international trade; total factor productivity;

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Cited by:
  1. Saliola, Federica & Zanfei, Antonello, 2009. "Multinational firms, global value chains and the organization of knowledge transfer," Research Policy, Elsevier, vol. 38(2), pages 369-381, March.
  2. Karolien De Bruyne & Jan Van Hove, 2013. "The impact of European enlargement on the direction and prospects of Brussels exports," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 9(3), pages 188-214.
  3. Xu, Jin, 2012. "Profitability and capital structure: Evidence from import penetration," Journal of Financial Economics, Elsevier, vol. 106(2), pages 427-446.

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