Trade reorientation and post-reform productivity growth in Bulgarian enterprises
This paper analyzes the importance of integration into world markets following the collapse of central planning in explaining the productivity growth performance of Bulgarian firms. Using a large panel data set on 1,300 manufacturing firms for 13 quarters, we find that a shift towards sourcing from - and exporting to - OECD markets is a significant factor explaining firm-level total factor productivity growth.
Volume (Year): 2 (1998)
Issue (Month): 2 ()
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