Carlos Javier Moreiro Gonz?lez
Ashgate
Hardback
160
1993
This book uses a number of approaches to measure the performance of firms in the transition economies of Central and Eastern Europe during the early stages of reform. There is considerable controversy about the level of productivity in this period, as is evident by contradictory evidence quoted in the literature and a high degree of inconsistency in published national statistics. Indeed, the disagreement extends to the measurement approach and the results for this group of countries. Particularly difficult is any analysis at the firm level, as data is inconsistent, incomplete and based on pre-reform accounting systems. The information used in the book is a unique panel data set of 64 items collected from 1000 firms across 25 industry sectors in Hungary. Productive efficiency is measured and the reasons for poor performance are discussed. It was found that industrial sectors differ in their average performance levels and in the factors most likely to account for this. Finally recommendations are developed to help to reverse the decline in productivity.

Banking in Europe After 1992

  • Publisher: Ashgate
  • ISBN: 9781855213623
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