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Productivity, Firm Size and the Process of Transition

Author

Listed:
  • Zoran Kovacevic

    (Faculty of Economics, Zagreb)

Abstract

The importance of different sized firms in the process of development is significantly determined by different firm types. In order to detect the changes in industry character the author assumes that the differences in productivity among different sized firms indicate the very character of the industry. Small Croatian firms have been positioned predominantly in the service sector. Limited domestic market size and the so called structural changes, continuously limit the ability of small firms to generate large employment. Thus, in order to reduce the growing unemployment and for expansion of export, Croatian economic policy will have to rely more on the larger firms.

Suggested Citation

  • Zoran Kovacevic, 1998. "Productivity, Firm Size and the Process of Transition," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 1(1), pages 95-108, May.
  • Handle: RePEc:zag:zirebs:v:1:y:1998:i:1:p:95-108
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    More about this item

    Keywords

    Productivity; firm size; transition; cohorts;

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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