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Growth and Performance Factors in Polish Manufacturing Firms in 1998-2003 in the Light of Survey Data

Author

Listed:
  • : Krzysztof Marczewski
  • Krzysztof Szczygielski

Abstract

We investigate possible factors of change in employment between 1998 and 2003 in 220 companies from four industries of Polish manufacturing (food, electronics, automotive and pharmaceuticals), that were subject to an enterprise survey. We also seek to explain the differences in performance among companies. We find that firms that were more competitive and more innovative laid off relatively less workers. Ownership status and history seem to be relevant factors too, as companies that were started as private businesses slightly increased employment, while the state-owned enterprises experienced proportionally the largest employment cuts; as for privatized companies, those taken over earlier performed better in terms of employment than those privatized later. However, econometric analysis of premia of early privatization and foreign ownership showed that only the latter factor played a significantly positive role for companies' revenues, productivity, profitability and the level of wages.

Suggested Citation

  • : Krzysztof Marczewski & Krzysztof Szczygielski, 2006. "Growth and Performance Factors in Polish Manufacturing Firms in 1998-2003 in the Light of Survey Data," CASE Network Studies and Analyses 0323, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:cnstan:0323
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    References listed on IDEAS

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    1. C.C. von Weizsaker, 1980. "A Welfare Analysis of Barriers to Entry," Bell Journal of Economics, The RAND Corporation, vol. 11(2), pages 399-420, Autumn.
    2. Simeon Djankov & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2002. "The Regulation of Entry," The Quarterly Journal of Economics, Oxford University Press, vol. 117(1), pages 1-37.
    3. Harold Demsetz, 1981. "Barriers to Entry," UCLA Economics Working Papers 192, UCLA Department of Economics.
    4. repec:hrv:faseco:30747190 is not listed on IDEAS
    5. Vladimir Dubrovskiy, 2006. "Towards Effective Anti-Corruption Strategies in Ukraine: Removing the Cornerstone without Toppling the Building," CASE Network Studies and Analyses 0322, CASE-Center for Social and Economic Research.
    6. Demsetz, Harold, 1982. "Barriers to Entry," American Economic Review, American Economic Association, pages 47-57.
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    Cited by:

    1. Malgorzata Sulimierska, 2014. "Total factor productivity estimation for Polish manufacturing industry: A comparison of alternative methods," Working Paper Series 6714, Department of Economics, University of Sussex.

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