Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 1996 erstellt
Description:
This paper argues that a significant adjustment process has taken place in Polish industry after the 1990 market oriented reforms. We analyze comprehensive data on two-digit and three-digit manufacturing industries, disaggregated by firm ownership and size. By focusing on a decomposition of labor productivity growth, we obtain results which suggest that structural determinants of the recovery have outweighed cyclical ones. With regard to firm ownership and economic performance, we find that the productive response of state enterprises has been markedly different from that of private firms, with the latter outperforming the former. Finally, our results indicate that size matters, at least among private firms, and provide mild evidence of increasing returns