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Firm turnover, restructuring and labour productivity in transition: the case of Poland

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  • Barbara Roberts
  • Steve Thompson

Abstract

This article explores the impact of turnover and restructuring on labour productivity in the Polish economy over the period 1988 to 1993. Changes in aggregate productivity are decomposed into elements corresponding to productivity growth among survivors, market share growth by survivors and the contributions of entering and exiting firms. The traditional entry and exit effects begin to work as transition to a market economy progresses. However, initial productivity improvements are due to changes in market shares of the existing firms following the break-up of large enterprises. Regression analysis shows that changes in the firm-level productivity are affected by restructuring and a more competitive economic environment.

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  • Barbara Roberts & Steve Thompson, 2009. "Firm turnover, restructuring and labour productivity in transition: the case of Poland," Applied Economics, Taylor & Francis Journals, vol. 41(9), pages 1127-1136.
    • Handle: RePEc:taf:applec:v:41:y:2009:i:9:p:1127-1136
    DOI: 10.1080/00036840601019208
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    References listed on IDEAS

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    1. László Halpern & Gábor Körösi, 2001. "Efficiency and market share in the Hungarian corporate sector," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 9(3), pages 559-592, November.
    2. Eric J. Bartelsman & John Haltiwanger & Stefano Scarpetta, 2004. "Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries," Tinbergen Institute Discussion Papers 04-114/3, Tinbergen Institute.
    3. Philippe Aghion & Wendy Carlin & Mark Schaffer, 2002. "Competition, Innovation and Growth in Transition: Exploring the Interactions between Policies," William Davidson Institute Working Papers Series 501, William Davidson Institute at the University of Michigan.
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    1. Ichiro IWASAKI & Satoshi MIZOBATA, 2018. "Post-Privatization Ownership And Firm Performance: A Large Meta-Analysis Of The Transition Literature," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 89(2), pages 263-322, June.
    2. Wen Yue, 2021. "Government subsidy and aggregate productivity dynamics: Evidence from China," Pacific Economic Review, Wiley Blackwell, vol. 26(2), pages 263-282, May.
    3. Ergun Dogan & Koi Wong & Michael Yap, 2013. "Turnover, ownership and productivity in Malaysian manufacturing," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 18(1), pages 26-50.
    4. Ergun Dogan & Koi Nyen Wong, 2010. "Plant Size, Turnover and Productivity in Malaysian Manufacturing," Monash Economics Working Papers 11-10, Monash University, Department of Economics.

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