Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64853
Authors: 
Carlin, Wendy
Schaffer, Mark
Year of Publication: 
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

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