Naslov
Firm-level Inefficiency in Post-transition Economies

Autori
Botrić, Valerija

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2021), 7(1) / - , 2021, 34-43

Skup
7th ENTerprise REsearch InNOVAtion Conference (ENTRENOVA 2021)

Mjesto i datum
Zagreb, Hrvatska; online, 09.09.2021. - 10.09.2021

Vrsta sudjelovanja
Poster

Vrsta recenzije
Recenziran

Ključne riječi
firm inefficiency ; post-transition economies ; stochastic frontier analysis

Sažetak
Firms in post-transition economies are frequently considered less efficient than those in more advanced market economies. By relying on the World Bank Enterprise Survey for the year 2019, firm- level technical inefficiency is estimated by the stochastic frontier analysis method for a sample of European post-transition countries. To be precise, the analysis included Albania, Bosnia and Herzegovina, Croatia, Czechia, Estonia, North Macedonia, Poland, Serbia, and Slovenia. Furthermore, the factors contributing to the firm- level inefficiency are explored in a comparative setting. The effects of the international orientation of the firm, foreign ownership, doing business with the government sector, presence of informal competitors, innovation activity, manager experience, and the age of the firm on the technical inefficiency are estimated. Results show that although some factors are common to a subsample of countries, not a single factor is significant in all the analysed economies.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA