Company performance in Ukraine: Is this a market economy?

Adi Schnytzer, Tatiana Andreyeva

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

This paper examines empirically the responsiveness of firm performance to ownership and market structures, sector and regional specificity, and varying degrees of soft budget constraints. It does so by providing a "snapshot" of the economy. For cross-sectional data on Ukrainian firms in 1998, the paper presents evidence that the firms in the snapshot behaved more as if they were still in a loosely reformed Soviet environment where exchange via interpersonal connections, rather than the price mechanism, determined the allocation of resources.

Original languageEnglish
Pages (from-to)83-98
Number of pages16
JournalEconomic Systems
Volume26
Issue number2
DOIs
StatePublished - 2002

Bibliographical note

Funding Information:
Tatiana Andreyeva gratefully acknowledges support from the Economics Education and Research Consortium of the Eurasia Foundation and the World Bank (Grant no. R00-4521).

Keywords

  • Competition
  • Firm performance
  • Privatization
  • Soft budget constraint
  • Transition

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