Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75442
Authors: 
Konings, Jozef
Walsh, Patrick Paul
Year of Publication: 
1998
Series/Report no.: 
LICOS Discussion Paper 71
Abstract: 
Most post-communist economies are characterized by an initial collapse in aggregate output. Blanchard and Kremer (1997) and Roland and Verdier (1997) have recently modelled supply side distortions, disorganization in the links of production, that can lead to a short-term output contraction after market liberalisation and a recovery thereafter. This paper is the first to illustrate and test the effects of disorganization in the transition process by using a unique data set of 300 Ukrainian firms. Our results show that for firms that existed under central planning disorganization constrains employment and productivity growth during the transition process to a market economy. In contrast, disorganization plays no role in the determination of employment and productivity growth in newly established private firms.
Subjects: 
disorganization
transition process
de novo firms
JEL: 
P0
O0
D0
Document Type: 
Working Paper

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