Productive efficiency during transition: evidence from Bulgarian panel data
Article Abstract:
Extensive panel data from Bulgarian industrial companies, which was used to analyze productive efficiency during early transition, indicate that factors such as exports magnitude and unionization do not influence performance. On the average, firm efficiency is low, standing between 0.603 and 0.720. Efficiency is negatively affected by external adjustment during transition. However, there is a positive performance result when private ownership with a bigger market share exists. This is also true when there are established compensation systems that offer profit-sharing and incentive schemes.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Ownership structure and determinants of technical efficiency: an application of data envelopment analysis to Chinese enterprises (1986-1990)
Article Abstract:
Comparatively large township-village enterprises (TVEs) outperformed state-owned enterprises (SOEs) in terms of technical efficiency during the 1986-1990 period. Furthermore, while urban collective-owned enterprises (COEs) appeared to be less efficient than TVEs, their performance was better than that of SOEs. The study through which these conclusions have been made did not, however, account for product quality disparities and input-output pricing inherent in the modes of ownership. Nevertheless, there was positive correlation between technical efficiency and production magnitude.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Singapore's manufacturing sector's TFP growth: a decomposition analysis
Article Abstract:
Total factor productivity growth for Singapore is analyzed using a new approach and new data.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Workers' compensation and injury duration: evidence from a natural experiment. Carcinogen regulation: Risk characteristics and the synthetic risk bias
- Abstracts: Gender differences in the laboratory: evidence from prisoner's dilemma games. A game-theoretic explanation of the administrative lattice in institutions of higher learning
- Abstracts: Wage differences by gender: evidence from recently graduated MBAs. Determinants and Consequences of Promotions in Britain
- Abstracts: The effect of management buyouts on firm-level technical inefficiency: evidence from a panel of UK machinery and equipment manufacturers
- Abstracts: Absorptive capacity, coauthoring behavior, and the organization of research in drug discovery. The importance of doctors' and patients' preferences in the prescription decision