Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector
Post transition economies carry the legacy of previous system, supposed to have collapsed in partly due to inability to sustain innovation and technical progress. In terms of innovation activity, they still lag behind advanced market economies. This brings the issue of total factor productivity (TFP...
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Centre of Sociological Research, Szczecin
2017-10-01
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| Series: | Journal of International Studies |
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| Online Access: | http://jois.eu/?357,en_explaining-firm-level-total-factor-productivity-in-post-transition-manufacturing-vs.-services-sector |
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| author | Valerija Botrić Ljiljana Božić Tanja Broz |
| author_facet | Valerija Botrić Ljiljana Božić Tanja Broz |
| author_sort | Valerija Botrić |
| collection | DOAJ |
| description | Post transition economies carry the legacy of previous system, supposed to have collapsed in partly due to inability to sustain innovation and technical progress. In terms of innovation activity, they still lag behind advanced market economies. This brings the issue of total factor productivity (TFP) for these countries/industries/firms in focus of research interest. Relying on the TFP firm-level estimates from the World Bank’ Enterprise Survey dataset, we analyse the main contributing factors in following post-transition economies: Georgia, Turkey, Ukraine, Russia, Romania, Bosnia and Herzegovina, FYR Macedonia, Mongolia, Slovenia and Croatia. The potential determinants include variables frequently named in the literature: R&D efforts, human capital, ICT investment, competition (product market regulation) and international trade. The data for the TFP determinants is drawn from Business Environment and Enterprise Performance Survey (BEEPS V), which includes both objective variables and perceptions of firms’ management. Since many objective variables are simultaneously determined with our dependent variable, we argue that by relying on perceptions we omit the endogeneity issue. In addition to aggregate firm-level TFP determinants, we also distinguish between the manufacturing and service sector. The aim of the research is to emphasize the structural differences between these two segments of post-transition economies. |
| format | Article |
| id | doaj-art-e1387789f9694679a1b01f3e0f2c7c52 |
| institution | Kabale University |
| issn | 2071-8330 2306-3483 |
| language | English |
| publishDate | 2017-10-01 |
| publisher | Centre of Sociological Research, Szczecin |
| record_format | Article |
| series | Journal of International Studies |
| spelling | doaj-art-e1387789f9694679a1b01f3e0f2c7c522025-08-20T03:25:59ZengCentre of Sociological Research, SzczecinJournal of International Studies2071-83302306-34832017-10-0110310.14254/2071-8330.2017/10-3/6Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sectorValerija Botrić0Ljiljana Božić1Tanja Broz2The Institute of Economics, ZagrebThe Institute of Economics, ZagrebThe Institute of Economics, ZagrebPost transition economies carry the legacy of previous system, supposed to have collapsed in partly due to inability to sustain innovation and technical progress. In terms of innovation activity, they still lag behind advanced market economies. This brings the issue of total factor productivity (TFP) for these countries/industries/firms in focus of research interest. Relying on the TFP firm-level estimates from the World Bank’ Enterprise Survey dataset, we analyse the main contributing factors in following post-transition economies: Georgia, Turkey, Ukraine, Russia, Romania, Bosnia and Herzegovina, FYR Macedonia, Mongolia, Slovenia and Croatia. The potential determinants include variables frequently named in the literature: R&D efforts, human capital, ICT investment, competition (product market regulation) and international trade. The data for the TFP determinants is drawn from Business Environment and Enterprise Performance Survey (BEEPS V), which includes both objective variables and perceptions of firms’ management. Since many objective variables are simultaneously determined with our dependent variable, we argue that by relying on perceptions we omit the endogeneity issue. In addition to aggregate firm-level TFP determinants, we also distinguish between the manufacturing and service sector. The aim of the research is to emphasize the structural differences between these two segments of post-transition economies.http://jois.eu/?357,en_explaining-firm-level-total-factor-productivity-in-post-transition-manufacturing-vs.-services-sectortechnology progresstotal factor productivitypost-transition countries |
| spellingShingle | Valerija Botrić Ljiljana Božić Tanja Broz Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector Journal of International Studies technology progress total factor productivity post-transition countries |
| title | Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector |
| title_full | Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector |
| title_fullStr | Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector |
| title_full_unstemmed | Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector |
| title_short | Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector |
| title_sort | explaining firm level total factor productivity in post transition manufacturing vs services sector |
| topic | technology progress total factor productivity post-transition countries |
| url | http://jois.eu/?357,en_explaining-firm-level-total-factor-productivity-in-post-transition-manufacturing-vs.-services-sector |
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