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Major methodological challenges for the economic theory of the firm in the economies of Central and Eastern Europe


  • Jerzy Boehlke

    () (Nicolaus Copernicus University in Torun (NCU), Poland.)


This paper presents the major methodological challenges in microeconomic theory of the firm in the economies of Central and Eastern Europe. The methodological weaknesses of the theory are not only the cause of cognitive limitation but also an important condition for an effective economic policy during the transition period.

Suggested Citation

  • Jerzy Boehlke, 2010. "Major methodological challenges for the economic theory of the firm in the economies of Central and Eastern Europe," Business and Economic Horizons (BEH), Prague Development Center, vol. 2(2), pages 17-24, July.
  • Handle: RePEc:pdc:jrnbeh:v:2:y:2010:i:2:p:17-24

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    References listed on IDEAS

    1. Lorenzo Pellegrini & Reyer Gerlagh, 2004. "Corruption's Effect on Growth and its Transmission Channels," Kyklos, Wiley Blackwell, vol. 57(3), pages 429-456, August.
    2. Stephen Knack & Philip Keefer, 1995. "Institutions And Economic Performance: Cross-Country Tests Using Alternative Institutional Measures," Economics and Politics, Wiley Blackwell, vol. 7(3), pages 207-227, November.
    3. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, Oxford University Press, vol. 106(2), pages 407-443.
    4. Khan, Mohsin S. & Reinhart, Carmen M., 1990. "Private investment and economic growth in developing countries," World Development, Elsevier, vol. 18(1), pages 19-27, January.
    5. Pastor, Manuel Jr. & Hilt, Eric, 1993. "Private investment and democracy in Latin America," World Development, Elsevier, vol. 21(4), pages 489-507, April.
    6. Miguel D. RamírezAuthor-Email:, 2006. "Does foreign direct investment enhance private capital formation in Latin America? a pooled analysis for the 1981-2000 period," Journal of Developing Areas, Tennessee State University, College of Business, vol. 40(1), pages 81-97, September.
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    More about this item


    Transition; theory of the firm; post-socialist economies; countries of Central and Eastern Europe.;

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions


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