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dc.contributor.authorKöllîo, Jánosen_US
dc.date.accessioned2009-01-28T16:12:25Z-
dc.date.available2009-01-28T16:12:25Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/20208-
dc.description.abstractWhile a variety of studies analysed the benign effects of privatisation on firm performance under post-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows a weaving mill from 1998 to 1997 on its way of becoming a capitalist enterprise and gives a detailed account of the sources and limits of productivity growth. The data suggests that the factory was not far from the competitive optimum given the size of ?plant and equipment? - efficiency gains were mostly achieved by plant size reduction and asset stripping. The gains from this sort of initial restructuring helped many former state enterprises stay on the market but they did not necessarily indicate high levels of adaptability, capacity to innovate and ability to attract outside investors. In economies with many ?seemingly restructured? privatised enterprises the elimination of the former state sector jobs is likely to continue within the private sector. The process may last for years after privatisation as a legal act had been fully accomplished.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesIZA Discussion paper series 972en_US
dc.subject.jelJ31en_US
dc.subject.jelL2en_US
dc.subject.jelD21en_US
dc.subject.ddc330en_US
dc.subject.keywordfirm behaviouren_US
dc.subject.keywordfirm objectivesen_US
dc.subject.keywordcompensationen_US
dc.subject.keywordtransitionen_US
dc.subject.keywordHungaryen_US
dc.subject.stwWebereien_US
dc.subject.stwPrivatisierungen_US
dc.subject.stwReorganisationen_US
dc.subject.stwTechnische Effizienzen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwSchätzungen_US
dc.subject.stwUngarnen_US
dc.titleTransition on the shop floor : the restructuring of a weaving mill, Hungary 1988-97en_US
dc.typeWorking Paperen_US
dc.identifier.ppn377479462en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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