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Journal of Economic Literature: Vol. 40 No. 3 (September 2002)
JEL Volume. 40, Issue 3 | Next Article
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JEL Indexes (Members Only)Enterprise Restructuring in Transition: A Quantitative Survey
Article Citation
Djankov, Simeon, and
Peter Murrell. 2002. "Enterprise Restructuring in Transition: A Quantitative Survey."
The Journal of Economic Literature,
40(3): 739-792.
DOI: 10.1257/002205102760273788
DOI: 10.1257/002205102760273788
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, with regard to enterprise restructuring.
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Authors
Djankov, Simeon (World Bank)
Murrell, Peter (Academic Council of the IRIS Center, University of Maryland)
Murrell, Peter (Academic Council of the IRIS Center, University of Maryland)
