Purchase - $5.00

Enterprise Restructuring in Transition: A Quantitative Survey

107 Pages Posted: 14 May 2002  

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: April 2002

Abstract

We survey the empirical literature analysing 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: L10, L33, O12, P00

Suggested Citation

Djankov, Simeon and Murrell, Peter, Enterprise Restructuring in Transition: A Quantitative Survey (April 2002). CEPR Discussion Paper No. 3319. Available at SSRN: https://ssrn.com/abstract=312022

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)

Paper statistics

Downloads
31
Abstract Views
2,080