Competition and Firm Performance in Transition Economies: Evidence from Firm Level Surveys in Slovenia, Hungary and Romania
In this paper firm level data are used to test whether competition affects productivity performance in three transition countries, Hungary, Romania and Slovenia. The data are based on interviews taken in more than 300 state-owned, privatized and newly-established private firms between September 1996 and April 1997. The paper finds evidence that long-run competitive pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short-run competitive pressure has a positive impact on performance. The paper also finds evidence that ownership matters. Traditional firms (being state-owned and privatized enterprises) tend to perform worse than newly-established firms in Hungary and Slovenia. In Romania, the results are somewhat mixed; state-owned enterprises do worse than employee-owned (privatized) and newly-established private firms.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
|Date of creation:||Dec 1997|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:1770. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.