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Comparative Analysis of Recent Trends in Private Sector Development in CEE Transition Economies

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  • Cieślik Jerzy

    (Department of Entrepreneurship, Kozminski University, Jagiellonska 59, Warsaw 03-301, Poland)

  • van Stel André

    (Panteia/EIM, Zoetermeer, The Netherlands)

Abstract

We investigate developments in private sector activity as proxied by business ownership (BO) rates in four Central and East European (CEE) transition economies (the Czech Republic, Hungary, Poland and the Slovak Republic) and compare them with similar developments in other OECD countries in the period 1989–2008. Our analysis reveals that BO rates in the four CEE countries have been converging rapidly towards the levels of other OECD countries, and these CEE countries were able to rebuild their private sectors in a relatively short period of transition. We also find sizable differences among the four CEE countries under study in the level and dynamics of change of BO since 1989.

Suggested Citation

  • Cieślik Jerzy & van Stel André, 2014. "Comparative Analysis of Recent Trends in Private Sector Development in CEE Transition Economies," Entrepreneurship Research Journal, De Gruyter, vol. 4(2), pages 205-235, March.
    • Handle: RePEc:bpj:erjour:v:4:y:2014:i:2:p:205-235:n:4
    DOI: 10.1515/erj-2013-0054
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    Cited by:

    1. Traikova, Diana & Manolova, Tatiana S. & Möllers, Judith & Buchenrieder, Gertrud, 2017. "Corruption perceptions and entrepreneurial intentions in a transitional context - The case of rural Bulgaria," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 22(03), pages 1-21.
    2. Nardo Vries & Werner Liebregts & André Stel, 2020. "Explaining entrepreneurial performance of solo self-employed from a motivational perspective," Small Business Economics, Springer, vol. 55(2), pages 447-460, August.
    3. Sorgner, Alina & Wyrwich, Michael, 2022. "Calling Baumol: What telephones can tell us about the allocation of entrepreneurial talent in the face of radical institutional changes," Journal of Business Venturing, Elsevier, vol. 37(5).
    4. Marcus Box & Karl Gratzer & Xiang Lin, 2023. "Self-employment, corruption, and property rights: a comparative analysis of European and CEE economies," SN Business & Economics, Springer, vol. 3(1), pages 1-29, January.
    5. Ondřej Dvouletý, 2017. "Effects of Soft Loans and Credit Guarantees on Performance of Supported Firms: Evidence from the Czech Public Programme START," Sustainability, MDPI, vol. 9(12), pages 1-17, December.

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