Advanced Search
MyIDEAS: Login to save this paper or follow this series

Impact of Services LIberalization on Firm Level Productivity in Eastern Europe and Central Asia


Author Info

  • Klishchuk Bogdan


  • Zelenyuk Valentin



Although there is great diversity among the transition countries in the region, as of 2009, the service sectors in transition countries were rated by EBRD about half as liberal as those of advanced industrial market economies. Many service providers in transition countries are still owned by governments, and there remain substantial restrictions and entry barriers for foreign service providers. In the on average substantially more restrictive regulations of trade in services relative to current policies. The latest crisis prompted governments to introduce new regulations in some service sectors, especially in nancial markets. In this work we use EBRD Transition Indicators to measure liberalization in seven service sectors: banking, non-bank nancial institutions, telecommunications, railways, electricity, roads, and water utilities. We merge these variables with data on 19,912 rms with 4 years on average for each rm from the Orbis database provided by Bureau van Dijk. Overall, we cover 21 country over 2000-2009. Our preferred rm xed effects model suggests that rm level productivity is positively affected by liberalization of transportation services. On the other hand, we nd that banking reform that often combines liberalization with introduction of more stringent capital requirements has a negative effect on rm level productivity on average in the short-run.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: no

Bibliographic Info

Paper provided by EERC Research Network, Russia and CIS in its series EERC Working Paper Series with number 12/03e.

as in new window
Date of creation: 23 Jan 2012
Date of revision:
Handle: RePEc:eer:wpalle:12/03e

Contact details of provider:
Postal: EERC Research Network, Russia and CIS, 1, Mazepy Str., suite 202, Kyiv, 01010 Ukraine
Phone: +38(044)492-8012
Fax: +1(202)478-1968
Web page:

Order Information:
Postal: EERC Research Network, Russia and CIS, 1, Mazepy Str., suite 202, Kyiv, 01010 Ukraine

Related research


Find related papers by JEL classification:


No references listed on IDEAS
You can help add them by filling out this form.


Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Tarr, David, 2012. "Impact of services liberalization on industry productivity, exports and development : six empirical studies in the transition countries," Policy Research Working Paper Series 6023, The World Bank.


This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:eer:wpalle:12/03e. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anton Pashchenko).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.