Distance to the Efficiency Frontier and Foreign Direct Investment and Spillovers

Klara Sabirianova Peter, Jan Svejnar and Katherine Terrell

Chapter 4 in Corruption, Development and Institutional Design, 2009, pp 71-81 from Palgrave Macmillan

Abstract: Abstract Are firms in the former communist economies converging to the world standard? This is the key question in the most challenging economic transformation at the start of this century. While expert opinions differ on what constitutes a successful and complete transition, it is generally acknowledged that transition economies need to raise their productivity substantially in order to catch up with the advanced countries.1 In this chapter, we show how much progress has been made in reducing the distance between the efficiency of domestic firms and the world technology frontier in two transition economies — the Czech Republic and Russia — and we assess whether the presence of foreign firms in these countries contributes to the reduction of the productivity gap (either through knowledge spillovers or competition).

Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:intecp:978-0-230-24217-3_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230242173

DOI: 10.1057/9780230242173_4

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().