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Competitive Shocks and Industrial Structure: The Case of Polish Manufacturing

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  • Pankaj Ghemawatt
  • Robert E. Kennedy
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    Abstract

    A large number of countries have recently experienced competitive shocks: sudden increases in the role that market forces play in determining the evolution of various industries. In this paper, we study the implications of Poland's competitive shock for three elements of the structure of that country's manufacturing sector: entry, concentration, and foreign presence. Our analysis underlines the importance of explicitly identifying the specific distortions built into initial (pre-shock) industrial structure and lags in their adjustment to more competitive conditions.

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    File URL: http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp53.pdf
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    Bibliographic Info

    Paper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 53.

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    Length: pages
    Date of creation: 01 May 1997
    Date of revision:
    Handle: RePEc:wdi:papers:1997-53

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    Keywords: eastern europe; poland; transition; indsustry structure;

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    Cited by:
    1. Patibandla, Murali, 1999. "Internal Policy Reforms and Evolution of Market Structure in an Emerging Economy: The Case of India," Working Papers 7-1999, Copenhagen Business School, Department of International Economics and Management.

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