Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry

Using a unique dataset comprising information for (up to) 153 firms in the machine building sector in Belarus, we investigate the determinants of firm growth for an economy where state ownership of enterprises is widespread. We use panel data models based on generalizations of Gibrat’s law, total fa...

Full description

Bibliographic Details
Main Authors:	Crespo Cuaresma, Jesus, Oberhofer, Harald, Vincelette, Gallina A.
Format:	Journal Article
Language:	en_US
Published:	Elsevier 2013
Subjects:	firm growth total factor productivity state-owned enterprises soft budget constraints
Online Access:	http://hdl.handle.net/10986/15490

id	okr-10986-15490
recordtype	oai_dc
spelling	okr-10986-154902021-04-23T14:03:22Z Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry Crespo Cuaresma, Jesus Oberhofer, Harald Vincelette, Gallina A. firm growth total factor productivity state-owned enterprises soft budget constraints Using a unique dataset comprising information for (up to) 153 firms in the machine building sector in Belarus, we investigate the determinants of firm growth for an economy where state ownership of enterprises is widespread. We use panel data models based on generalizations of Gibrat’s law, total factor productivity estimates and matching methods to assess the differences in firm growth between private and state-controlled firms. Our results indicate that labor hoarding and soft budget constraints play a particularly important role in explaining differences in performance between these two groups of firms. 2013-08-29T16:17:12Z 2013-08-29T16:17:12Z 2013-07-25 Journal Article Journal of Comparative Economics 0147-5967 DOI:10.1016/j.jce.2013.07.004 http://hdl.handle.net/10986/15490 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Elsevier Publications & Research :: Journal Article Publications & Research Europe and Central Asia Belarus
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	firm growth total factor productivity state-owned enterprises soft budget constraints
spellingShingle	firm growth total factor productivity state-owned enterprises soft budget constraints Crespo Cuaresma, Jesus Oberhofer, Harald Vincelette, Gallina A. Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry
geographic_facet	Europe and Central Asia Belarus
description	Using a unique dataset comprising information for (up to) 153 firms in the machine building sector in Belarus, we investigate the determinants of firm growth for an economy where state ownership of enterprises is widespread. We use panel data models based on generalizations of Gibrat’s law, total factor productivity estimates and matching methods to assess the differences in firm growth between private and state-controlled firms. Our results indicate that labor hoarding and soft budget constraints play a particularly important role in explaining differences in performance between these two groups of firms.
format	Journal Article
author	Crespo Cuaresma, Jesus Oberhofer, Harald Vincelette, Gallina A.
author_facet	Crespo Cuaresma, Jesus Oberhofer, Harald Vincelette, Gallina A.
author_sort	Crespo Cuaresma, Jesus
title	Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry
title_short	Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry
title_full	Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry
title_fullStr	Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry
title_full_unstemmed	Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry
title_sort	firm growth and productivity in belarus : new empirical evidence from the machine building industry
publisher	Elsevier
publishDate	2013
url	http://hdl.handle.net/10986/15490
_version_	1764431060498644992

Firm Growth and Productivity in Belarus : New Empirical Evidence from the Machine Building Industry

Similar Items