scholarly journals Innovation, Competition and Productivity: Firm Level Evidence for Eastern Europe and Central Asia

2016 ◽  
Author(s):  
Klaus Sylvester Friesenbichler
Keyword(s):  
Eastern Europe ◽  
Central Asia ◽  
Firm Level ◽  
Innovation Competition

scholarly journals Does Perception of Business Climate Differ Between Foreign and Local Investors? A Firm-level Study of Transition Economies in Eastern Europe and Central Asia

2017 ◽  
Vol 4 (2) ◽  
pp. 113
Author(s):  
Olga Golubeva
Keyword(s):  
Eastern Europe ◽  
Central Asia ◽  
Transition Economies ◽  
Foreign Firms ◽  
Business Climate ◽  
Potential Conflict ◽  
Firm Level ◽  
Foreign Investors ◽  
Domestic Firms ◽  
Local Companies

Difference between foreign and local investors in their respective assessments of business climate constraints has not yet been given much attention in research literature. Drawing on institutional theory and the concept of liability of foreignness (LoF), the study contributes towards filling this gap in the context of business climate variables faced by foreign firms operating in transition economies. The Mann-Whitney U Test is applied to firm-level data of 30 transition economies in Eastern Europe and Central Asia. We found that foreign investors experience less trouble with access to finance, tax rate and competition towards the informal sector compared with domestic firms. Conversely, such variables as courts, custom and trade regulations, inadequate workforce, and labor regulations disturbed foreign investors more than local companies. LoF appears as a balanced outcome of firm-specific advantages, possessed by foreign investors, and location and institutional advantages, utilized by the local companies. The results point towards important possible synergies in enhancing the business climate in transition economies by policy-makers, and to potential conflict between policy reforms accommodating the interests of foreign capital against those of domestic firms.

Monetary uncertainty and trade in Eastern Europe and Central Asia: A firm-level analysis

2017 ◽  
Vol 26 (3) ◽  
pp. 476-490 ◽  
Author(s):  
Inmaculada Martínez-Zarzoso ◽  
Florian Johannsen
Keyword(s):  
Eastern Europe ◽  
Central Asia ◽  
Firm Level ◽  
Level Analysis

Averting AIDS Crises in Eastern Europe and Central Asia

2003 ◽  
Author(s):  
Olusoji Adeyi ◽  
Enis Baris ◽  
Sarbani Chakraborty ◽  
Thomas Novotny ◽  
Ross Pavis
Keyword(s):  
Eastern Europe ◽  
Central Asia
Sign in / Sign up

Export Citation Format

Share Document