By using an empirical approach seldom used in this area for transition economies (namely, stochastic frontiers) we investigate the determinants and dynamics of firm efficiency. This approach allows us to simultaneously estimate the parameters of both the efficiency and the production function. We also use most unusual data--a representative sample of Estonian firms for the period 1993-1999 – and are able to address problems that plague much previous work, such as the endogeneity of ownership. Consequently our findings are more reliable and efficient than most previous estimates. Our main findings are that: (i) compared to employee and state ownership, foreign ownership increases technical efficiency; (ii) firm size and higher labor quality ...
New and unusually rich panel data for Bulgarian companies during late communism and early transition...
New and unusually rich panel data for Bulgarian companies during late communism and early transition...
Privatization in Estonia has produced varied ownership configurations. This enables hypotheses on th...
By estimating stochastic frontiers we investigate the determinants and dynamics of firm efficiency. ...
Stochastic frontier production functions are estimated for Bulgarian (1993–5) and Romanian (1994–5) ...
Stochastic Frontier Analysis is employed to calculate technical efficiencies of German firms at the ...
This paper uses stochastic frontier analysis (SFA) to examine whether and to what extent ownership s...
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporat...
This paper uses a stochastic frontier production function approach to measure technical efficiency i...
This paper provides empirical evidence on the relation between the identity of ultimate owners and t...
This paper provides empirical evidence on the relation between the identity of ultimate owners and t...
This paper uses a stochastic frontier production function approach to measure technical efficiency i...
In this paper we use rich panel data for a representative sample of Estonian enterprises to analyse ...
This paper uses a stochastic frontier production function approach to measure technical efficiency i...
Abstract: Privatization in Estonia has produced varied ownership configurations. This enables hypoth...
New and unusually rich panel data for Bulgarian companies during late communism and early transition...
New and unusually rich panel data for Bulgarian companies during late communism and early transition...
Privatization in Estonia has produced varied ownership configurations. This enables hypotheses on th...
By estimating stochastic frontiers we investigate the determinants and dynamics of firm efficiency. ...
Stochastic frontier production functions are estimated for Bulgarian (1993–5) and Romanian (1994–5) ...
Stochastic Frontier Analysis is employed to calculate technical efficiencies of German firms at the ...
This paper uses stochastic frontier analysis (SFA) to examine whether and to what extent ownership s...
Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporat...
This paper uses a stochastic frontier production function approach to measure technical efficiency i...
This paper provides empirical evidence on the relation between the identity of ultimate owners and t...
This paper provides empirical evidence on the relation between the identity of ultimate owners and t...
This paper uses a stochastic frontier production function approach to measure technical efficiency i...
In this paper we use rich panel data for a representative sample of Estonian enterprises to analyse ...
This paper uses a stochastic frontier production function approach to measure technical efficiency i...
Abstract: Privatization in Estonia has produced varied ownership configurations. This enables hypoth...
New and unusually rich panel data for Bulgarian companies during late communism and early transition...
New and unusually rich panel data for Bulgarian companies during late communism and early transition...
Privatization in Estonia has produced varied ownership configurations. This enables hypotheses on th...