Enterprise Restructuring in Transition: A Quantitative Survey

104 Pages Posted: 10 Nov 2000

See all articles by Simeon Djankov

Simeon Djankov

London School of Economics & Political Science (LSE); Peter G. Peterson Institute for International Economics

Peter Murrell

University of Maryland - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: February 8, 2002

Abstract

We survey the empirical literature analyzing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human capital, on enterprise restructuring.

Keywords: restructuring, transition, privatization, competition, soft budgets, managers, institutions

JEL Classification: P20, L1, L33, O12

Suggested Citation

Djankov, Simeon and Murrell, Peter, Enterprise Restructuring in Transition: A Quantitative Survey (February 8, 2002). Available at SSRN: https://ssrn.com/abstract=238716 or http://dx.doi.org/10.2139/ssrn.238716

Simeon Djankov (Contact Author)

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

Peter G. Peterson Institute for International Economics ( email )

1750 Massachusetts Avenue, NW
Washington, DC 20036
United States

Peter Murrell

University of Maryland - Department of Economics ( email )

College Park, MD 20742
United States
301-405-3476 (Phone)
301-405-3542 (Fax)

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