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Firm growth and productivity in Belarus: New empirical evidence from the machine building industry

Harald Oberhofer (), Jesus Crespo Cuaresma () and Gallina A. Vincelette

No 4021, EcoMod2012 from EcoMod

Abstract: Using a unique dataset comprising information for over 900 firms in the machine building sector in Belarus, we investigate the determinants of firm growth for an economy where state ownership of enterprises is widespread. We use panel data models based on generalizations of Gibrat's law, total factor productivity estimates and matching methods to assess the differences in firm growth between private and state-owned firms. Our results indicate that labor hoarding and soft budget constraints play a particularly important role in explaining differences in performance between these two groups of firms.

Keywords: Belarus; Developing countries; Sectoral issues (search for similar items in EconPapers)
Date: 2012-07-01
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Related works:
Journal Article: Firm growth and productivity in Belarus: New empirical evidence from the machine building industry (2014) Downloads
Working Paper: Firm growth and productivity in Belarus: new empirical evidence from the machine building industry (2012) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ekd:002672:4021

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