Convergence in institutions and market outcome s: cross-country and time-series evidence from the business environment and enterprise performance surveys in transition economies (English)

This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and how firms respond to the economic environment by restructuring. The authors find substantial evidence of convergence in a number of dimensions. The pattern...
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Mitra,Pradeep K.; Muravyev,Alexander; Schaffer,Mark E..

Convergence in institutions and market outcome s: cross-country and time-series evidence from the business environment and enterprise performance surveys in transition economies (English). Policy Research working paper ; no. WPS 4819 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/891191468331826011

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