Showing papers in "Economic Systems in 2003"

TL;DR: In this article, the impact of direct technology transfer through FDI, intra-industry knowledge spillovers from FDI and a firm's own R&D accumulation and spillovers through trade for total factor productivity (TFP) growth of local firms was examined.

TL;DR: In this paper, the authors assess the correlation of supply and demand shocks between the countries of the euro area and the accession countries in the 1990s and find that some accession country has a quite high correlation of the underlying shocks with the Euro area.

TL;DR: In this article, the authors examined the impact of country political, financial, and economic risks on stock market volatility and predictability in the Middle East and Africa (MEAF) region.

TL;DR: In this paper, the authors analyzed job flows in five transition countries: Poland, Estonia, Slovenia, Bulgaria, and Romania, using comparable firm level data over the years 1993-1997.

TL;DR: Akiyama et al. as discussed by the authors examined the background, causes, process, and consequences of these reforms and derived lessons for successful reforms from experiences in markets for four commodities important to Africa-cocoa, coffee, cotton, and sugar.

TL;DR: In this paper, a panel of more than 3500 European multinationals that have invested in Central and Eastern Europe (CEE) and the Mediterranean (MED) over the 1990-1997 period in 48 NACE 3 industries was constructed.

TL;DR: In this paper, the spatial implications of the EU East enlargement on candidate countries at regional level were investigated, focusing on industry location patterns within and across countries, their determinants and changes during the 1990s.

TL;DR: This article found that the private sector rewards formal education more than the public and, in terms of gender, although in 1986 women had greater returns to schooling than men, by 1998 this difference had been eliminated.

TL;DR: In this article, the determinants of the hazard rates of banks active on the Moscovian deposits market during the 1994-1997 period were investigated, and the authors found that market share and duration have negatively affected the hazard rate, while the deposit interest rate has had a positive effect.

TL;DR: In this paper, the authors developed a political economy model to analyze the elements that can lead to a snowball effect during the process of transition and showed that when rulers of a country in one region opt for resigning and moving over to democratic rule, the other countries in the region are influenced to do the same.

TL;DR: In this article, the authors used cross-sectional individual data from the 1994 Integrated Household Survey (IHS) of Romania to analyze the determinants of male and female wages in public and private enterprises.

TL;DR: A series of studies has confirmed the Filer and Hanousek's [economic Systems 24 (2000) 285] suggestion that inflation mismeasurement during the transition is a serious problem of the same relative magnitude (and greater absolute magnitude), as in advanced market economies as discussed by the authors.

TL;DR: In this article, the cyclical behaviour of regional unemployment flows and their response to job reallocation suggests that workers use unemployment benefit system to facilitate transition, and this has heretofore been attributed to workers by-passing the employment benefit system as they move job to job.

TL;DR: In this paper, the authors analyze the production organization structure of farm sectors in a transition country (TC) where a number of organization modes emerged and show that the optimal organization mode choice is influenced by household's human and physical capital endowments as well as by the market environment.

TL;DR: In this paper, the authors analyze the macroeconomic consequences of rent-seeking activities in transition economies and show that, given the institutional vacuum, macroeconomic outcomes crucially depend on how property rights are distributed and on the number of contestants over the surplus of the firms.

TL;DR: In this paper, the authors investigated how a Common Agricultural Market (CAM) and World Trade Organization (WTO) accession would affect prices, quantities, and welfare on agro-food markets in both countries.

TL;DR: The collapse of the ruble zone in 1992-1994 imposed bilateralism and induced a payment system failure, which prohibited the smooth transition to a more efficient trade equilibrium and contributed to a blind decline of trade between members of the Commonwealth of Independent States (CIS) as discussed by the authors.

TL;DR: In this article, the authors present a simple model of planner-manager interactions and show how planned economies can end up in a low-effort, low-output equilibrium even though they may have started in a high effort, high output equilibrium.

TL;DR: The authors show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an economy in which wages are determined by a trade union that maximises the rent from unionization.