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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/64853
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| Title: | | The business environment in the transition  |
| Authors: | | Carlin, Wendy Schaffer, Mark |
| Issue Date: | | 2012 |
| Series/Report no.: | | CESifo Working Paper: Industrial Organisation 3934 |
| Abstract: | | Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business environment includes physical infrastructure, the availability of an educated labour force, provision of administrative and judicial services, the control of corruption and crime, and the stability of the macroeconomic environment. By comparing how different elements of the business environment affected firms in formerly planned economies with those in economies outside transition, we document not only the challenges faced by transition firms but also the effects of the planning legacy. |
| Subjects: | | infrastructure human capital institutions planned economy transition business environment |
| JEL: | | D29 H49 M29 P21 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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