Productive Efficiency during Transition: Evidence from Bulgarian Panel Data

Is competition really bad news for cooperatives? Some empirical evidence for Italian producers’ cooperatives

“…On the contrary, co-ops rely more on labour (especially seasonal workers 13 ) and therefore they adjust much faster. Interestingly this result goes into the same line as the one by Jones et al (1998): by analysing the relationship between firms' technical efficiency and increasing market competition in Bulgary at the onset of the transition, they find that firms with a large market share have a better performance, clearly indicating that for conventional firms the relationship between performance, competition and market pressure is not as simple as it is usually assumed. Table 6 shows the main descriptive statistics of the technical efficiency scores computed for both co-ops and conventional firms.…”

A Stochastic Frontier Approach to Firm Level Efficiency, Technological Change, and Productivity during the Early Transition in Hungary

“…Alternative constructions of the capital variable, such as the perpetual inventory method, were not viable due to the lack of information on depreciation and real investment. Problems such as these are common in this literature and the use of the capital stock is quite normal; for example, see Jones et al (1998).…”

Competition and privatization amidst weak institutions: evidence from Mongolia

“…9 Earle and Estrin [1998] examined the productivity of Russian enterprises, concluding that competition does not increase enterprise productivity. Jones et al [1998] found that competition 8. For example, see, Baldwin [1995, chapter 12].…”

“…Such evidence would have significance outside the transition context because: " [The] general belief in the efficacy of competition exists despite the fact that it is not supported either by any strong theoretical foundation or by a large corpus of empirical evidence in its favor" [Nickell 1996, 725]. Indeed, as the results of Earle and Estrin [1998], Li [1997], Konings [1997], and Jones et al [1998] show, even in the transition context the message to date is mixed.…”