Services reform and downstream economy-wide performance: The case of Bulgaria

Erik van der Marel (), Sebastián Sáez and Dörte Doemeland

Economics Letters, 2016, vol. 149, issue C, 60-63

Abstract: This paper provides new evidence on the impact of services sector reforms on domestic firm productivity. It extends the previous literature on this topic by using firm-level data from Bulgaria, by developing an up-to-date TFP measure, and by taking stock of the downstream performance of the entire economy, covering goods as well as services firms. The results show that indeed services reform are an important driver for the wider downstream economy, particularly reforms in electricity, insurance and telecom. More importantly, a novel issue is that the results also show that sheer competition in services markets also forms a significant determinant for downstream firm TFP.

Keywords: Services reform; TFP; Firm-level data (search for similar items in EconPapers)
JEL-codes: D24 F14 F63 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S016517651630386X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:149:y:2016:i:c:p:60-63

DOI: 10.1016/j.econlet.2016.09.027

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().