IDEAS home Printed from
   My bibliography  Save this paper

Restructuring and Measurement of Efficiency in Firms in Transition


  • Vladimir Benacek

    (Faculty of Social Sciences Charles University)

  • Dmitri Shemetilo


  • Alexei Petrov



In this paper we try to explain some restructuring patterns of Czech textile and clothing industries from a microeconomic point of view. We introduce two measures of production efficiency (the technical and the allocative efficiency) and look at changes in the behaviour of enterprises. In 1994, after the chaos during the culmination of transition (1991-92), firms’ profits showed the first signs of dependency on efficiency. This fact can be taken as evidence of the creation of a competitive environment and a signal that long-term restructuring has led to economic patterns characteristic for standard market economies.

Suggested Citation

  • Vladimir Benacek & Dmitri Shemetilo & Alexei Petrov, 2001. "Restructuring and Measurement of Efficiency in Firms in Transition," Industrial Organization 0012007, EconWPA.
  • Handle: RePEc:wpa:wuwpio:0012007
    Note: Type of Document - Acrobat PDF; pages: 21 ; figures: included

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Transition; Efficiency; Production function; Capital hoarding; Czech Republic;

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L6 - Industrial Organization - - Industry Studies: Manufacturing


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpio:0012007. 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: (EconWPA). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.