Services liberalization and productivity of manufacturing firms : Evidence from Ukraine
This paper brings new evidence on the impact of services liberalization on the performance of manufacturing firms. Using a unique database of Ukrainian firms in 2001-2007, the authors utilize an external push for liberalization in the services sect...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120111091149 http://hdl.handle.net/10986/3229 |
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okr-10986-32292021-04-23T14:02:08Z Services liberalization and productivity of manufacturing firms : Evidence from Ukraine Shepotylo, Oleksandr Vakhitov, Volodymyr ACCESS TO SERVICES AGGREGATE DEMAND AUCTION AUCTIONS BALANCE SHEET BARRIERS TO ENTRY BOND BUSINESS SERVICES CAPITAL ACCUMULATION CAPITAL STOCK CENTRAL PLANNING COMMODITIES COMMUNICATION COSTS COMPETITIVENESS DEFLATORS DEREGULATION DEVELOPMENT ECONOMICS DEVELOPMENT POLICY ECONOMIC RESEARCH ECONOMIES OF SCALE ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY EQUIPMENT EXCISE TAXES EXPORTS FAIR COMPETITION FINANCIAL DEVELOPMENT FINANCIAL SERVICES FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN OWNERSHIP FUTURE RESEARCH GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL ECONOMY GROWTH RATE HARMONIZATION INCOME INDIVIDUAL FIRM INDUSTRIAL ECONOMICS INDUSTRY PRODUCTIVITY INFORMATION SYSTEM INFORMATION TECHNOLOGIES INNOVATIONS INSURANCE INTERNATIONAL TRADE INVESTIGATION INVESTMENT CLIMATE INVESTMENT DECISIONS LAWS LEARNING MACROECONOMIC SHOCKS MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET ACCESS MARKET STRUCTURE MATERIAL MEDIUM ENTERPRISES MIDDLE INCOME COUNTRIES MONOPOLIES MONOPOLISTIC COMPETITION NATIONAL BANK NATIONAL LAWS NETWORK EXTERNALITIES OPEN ACCESS OPEN ECONOMY OUTPUT OUTSOURCING POLITICAL POWER POLITICAL REGIME PRIVATIZATION PROCESS OF HARMONIZATION PRODUCT DIFFERENTIATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVE ASSETS PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MAXIMIZATION R&D RAPID DEVELOPMENT RAPID EXPANSION REAL ESTATE REGULATORY AUTHORITY RESULT RESULTS RETAIL TRADE RETURNS TO SCALE STANDARDIZATION TECHNOLOGICAL CHANGES TELECOM TELECOMMUNICATION TELECOMMUNICATION SERVICES TELECOMMUNICATIONS TELECOMMUNICATIONS EQUIPMENT TELECOMMUNICATIONS NETWORKS TOTAL FACTOR PRODUCTIVITY TRADE LIBERALIZATION TRADE SERVICES TRANSACTION TRANSACTION COSTS TRANSITION COUNTRIES UNDERDEVELOPMENT USERS VALUE ADDED VARIABLE INPUTS WEB WORLD TRADE WORLD TRADE ORGANIZATION WTO This paper brings new evidence on the impact of services liberalization on the performance of manufacturing firms. Using a unique database of Ukrainian firms in 2001-2007, the authors utilize an external push for liberalization in the services sector as a source of exogenous variation to identify the impact of services liberalization on total factor productivity (TFP) of manufacturing firms. The results indicate that a standard deviation increase in services liberalization is associated with a 9 percent increase in TFP. Allowing services liberalization to dynamically influence TFP through the investment channel leads to an even larger effect. The effect is robust to different estimation methods and to different sub-samples of the data. In particular, it is more pronounced for domestic and small firms. 2012-03-19T17:28:40Z 2012-03-19T17:28:40Z 2012-01-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120111091149 http://hdl.handle.net/10986/3229 English Policy Research working paper ; no. WPS 5944 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Europe and Central Asia Europe Eastern Europe Commonwealth of Independent States Ukraine |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO SERVICES AGGREGATE DEMAND AUCTION AUCTIONS BALANCE SHEET BARRIERS TO ENTRY BOND BUSINESS SERVICES CAPITAL ACCUMULATION CAPITAL STOCK CENTRAL PLANNING COMMODITIES COMMUNICATION COSTS COMPETITIVENESS DEFLATORS DEREGULATION DEVELOPMENT ECONOMICS DEVELOPMENT POLICY ECONOMIC RESEARCH ECONOMIES OF SCALE ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY EQUIPMENT EXCISE TAXES EXPORTS FAIR COMPETITION FINANCIAL DEVELOPMENT FINANCIAL SERVICES FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN OWNERSHIP FUTURE RESEARCH GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL ECONOMY GROWTH RATE HARMONIZATION INCOME INDIVIDUAL FIRM INDUSTRIAL ECONOMICS INDUSTRY PRODUCTIVITY INFORMATION SYSTEM INFORMATION TECHNOLOGIES INNOVATIONS INSURANCE INTERNATIONAL TRADE INVESTIGATION INVESTMENT CLIMATE INVESTMENT DECISIONS LAWS LEARNING MACROECONOMIC SHOCKS MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET ACCESS MARKET STRUCTURE MATERIAL MEDIUM ENTERPRISES MIDDLE INCOME COUNTRIES MONOPOLIES MONOPOLISTIC COMPETITION NATIONAL BANK NATIONAL LAWS NETWORK EXTERNALITIES OPEN ACCESS OPEN ECONOMY OUTPUT OUTSOURCING POLITICAL POWER POLITICAL REGIME PRIVATIZATION PROCESS OF HARMONIZATION PRODUCT DIFFERENTIATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVE ASSETS PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MAXIMIZATION R&D RAPID DEVELOPMENT RAPID EXPANSION REAL ESTATE REGULATORY AUTHORITY RESULT RESULTS RETAIL TRADE RETURNS TO SCALE STANDARDIZATION TECHNOLOGICAL CHANGES TELECOM TELECOMMUNICATION TELECOMMUNICATION SERVICES TELECOMMUNICATIONS TELECOMMUNICATIONS EQUIPMENT TELECOMMUNICATIONS NETWORKS TOTAL FACTOR PRODUCTIVITY TRADE LIBERALIZATION TRADE SERVICES TRANSACTION TRANSACTION COSTS TRANSITION COUNTRIES UNDERDEVELOPMENT USERS VALUE ADDED VARIABLE INPUTS WEB WORLD TRADE WORLD TRADE ORGANIZATION WTO |
| spellingShingle |
ACCESS TO SERVICES AGGREGATE DEMAND AUCTION AUCTIONS BALANCE SHEET BARRIERS TO ENTRY BOND BUSINESS SERVICES CAPITAL ACCUMULATION CAPITAL STOCK CENTRAL PLANNING COMMODITIES COMMUNICATION COSTS COMPETITIVENESS DEFLATORS DEREGULATION DEVELOPMENT ECONOMICS DEVELOPMENT POLICY ECONOMIC RESEARCH ECONOMIES OF SCALE ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY EQUIPMENT EXCISE TAXES EXPORTS FAIR COMPETITION FINANCIAL DEVELOPMENT FINANCIAL SERVICES FOREIGN BANK FOREIGN BANKS FOREIGN COMPETITION FOREIGN DIRECT INVESTMENT FOREIGN OWNERSHIP FUTURE RESEARCH GDP GENERAL EQUILIBRIUM ANALYSIS GLOBAL ECONOMY GROWTH RATE HARMONIZATION INCOME INDIVIDUAL FIRM INDUSTRIAL ECONOMICS INDUSTRY PRODUCTIVITY INFORMATION SYSTEM INFORMATION TECHNOLOGIES INNOVATIONS INSURANCE INTERNATIONAL TRADE INVESTIGATION INVESTMENT CLIMATE INVESTMENT DECISIONS LAWS LEARNING MACROECONOMIC SHOCKS MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET ACCESS MARKET STRUCTURE MATERIAL MEDIUM ENTERPRISES MIDDLE INCOME COUNTRIES MONOPOLIES MONOPOLISTIC COMPETITION NATIONAL BANK NATIONAL LAWS NETWORK EXTERNALITIES OPEN ACCESS OPEN ECONOMY OUTPUT OUTSOURCING POLITICAL POWER POLITICAL REGIME PRIVATIZATION PROCESS OF HARMONIZATION PRODUCT DIFFERENTIATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVE ASSETS PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MAXIMIZATION R&D RAPID DEVELOPMENT RAPID EXPANSION REAL ESTATE REGULATORY AUTHORITY RESULT RESULTS RETAIL TRADE RETURNS TO SCALE STANDARDIZATION TECHNOLOGICAL CHANGES TELECOM TELECOMMUNICATION TELECOMMUNICATION SERVICES TELECOMMUNICATIONS TELECOMMUNICATIONS EQUIPMENT TELECOMMUNICATIONS NETWORKS TOTAL FACTOR PRODUCTIVITY TRADE LIBERALIZATION TRADE SERVICES TRANSACTION TRANSACTION COSTS TRANSITION COUNTRIES UNDERDEVELOPMENT USERS VALUE ADDED VARIABLE INPUTS WEB WORLD TRADE WORLD TRADE ORGANIZATION WTO Shepotylo, Oleksandr Vakhitov, Volodymyr Services liberalization and productivity of manufacturing firms : Evidence from Ukraine |
| geographic_facet |
Europe and Central Asia Europe Eastern Europe Commonwealth of Independent States Ukraine |
| relation |
Policy Research working paper ; no. WPS 5944 |
| description |
This paper brings new evidence on the
impact of services liberalization on the performance of
manufacturing firms. Using a unique database of Ukrainian
firms in 2001-2007, the authors utilize an external push for
liberalization in the services sector as a source of
exogenous variation to identify the impact of services
liberalization on total factor productivity (TFP) of
manufacturing firms. The results indicate that a standard
deviation increase in services liberalization is associated
with a 9 percent increase in TFP. Allowing services
liberalization to dynamically influence TFP through the
investment channel leads to an even larger effect. The
effect is robust to different estimation methods and to
different sub-samples of the data. In particular, it is more
pronounced for domestic and small firms. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Shepotylo, Oleksandr Vakhitov, Volodymyr |
| author_facet |
Shepotylo, Oleksandr Vakhitov, Volodymyr |
| author_sort |
Shepotylo, Oleksandr |
| title |
Services liberalization and productivity of manufacturing firms : Evidence from Ukraine |
| title_short |
Services liberalization and productivity of manufacturing firms : Evidence from Ukraine |
| title_full |
Services liberalization and productivity of manufacturing firms : Evidence from Ukraine |
| title_fullStr |
Services liberalization and productivity of manufacturing firms : Evidence from Ukraine |
| title_full_unstemmed |
Services liberalization and productivity of manufacturing firms : Evidence from Ukraine |
| title_sort |
services liberalization and productivity of manufacturing firms : evidence from ukraine |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20120111091149 http://hdl.handle.net/10986/3229 |
| _version_ |
1764386642837110784 |