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21.
Barbara M. Roberts Steve Thompson Katarzyna Mikolajczyk 《Review of World Economics》2008,144(3):408-427
The paper examines the motives for FDI in Eastern Europe by analysing foreign entry by acquisition facilitated by privatization
programmes. Firm-level characteristics encouraging entry through their effect on expected profits, as well as industry level
determinants are considered. The data are drawn from the list of the 500 largest companies in Polish manufacturing and span
privatizations between 1993 and 1998. The results point to market-seeking rather than resource-seeking motives behind the
location decisions of foreign investors.
JEL no. F23, L33, P31 相似文献
22.
Technical and scale efficiency of crop and livestock farms in Poland: does specialization matter? 总被引:2,自引:0,他引:2
Laure Latruffe Kelvin Balcombe Sophia Davidova Katarzyna Zawalinska 《Agricultural Economics》2005,32(3):281-296
The technical and scale efficiency of Polish farms is analyzed using data envelopment analysis. Efficiency differences are measured according to farm specialization, in crop or livestock, at two points in time during transition, 1996 and 2000. The efficiency results are reviewed in light of confidence intervals provided by bootstrapping. Livestock farms are found to be, on average, more technically and scale efficient than crop farms. Scale efficiency is high for both specializations. Technical inefficiency appears mostly to be due to “pure technical” rather than “scale” inefficiency, and thus attributable to inefficient management practices. The evidence suggests that the low‐educational attainment of people engaged in agriculture is one important reason for these inefficient practices. In 2000, 64% of livestock farms and 86% of crop farms were operating under increasing returns to scale. Improvements in the land lease legislation and changes to the policy support to farmers' pensions could stimulate the land market and remove the incentives to keep a fragmented operational structure. 相似文献
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ABSTRACTThis study explores the entrepreneurial potential of the rule-breaking practices of microfinance programs’ beneficiaries. Using the storyboard methodology, we examine the strategies employed by the poor in Burundi to bypass institutional rules. Based on 66 short interviews conducted in seven rural provinces of Burundi, our exploratory study analyzes the entrepreneurial potential in four instances of rule-evasion: consumption spending, illegitimate investment, loan juggling and loan arrogation. We argue that some of the unruly practices are in fact entrepreneurial, as they create tangible and intangible value for the rural poor at both household and community levels. These include strengthening social ties through gift exchange and ceremonies, which then help poor households to self-insure against shocks through social networks. By analyzing the push and pull factors for unruly behavior, we show that rule-breaking practices are often necessitated by the microfinance industry itself and call for increased flexibility and adaptability of microfinance products. 相似文献
25.
Katarzyna Metelska-Szaniawska 《Constitutional Political Economy》2009,20(1):1-41
Experiences of countries undergoing post-socialist transition in Central and Eastern Europe, as well as Central and Southwestern
Asia, during the last 17 years, reveal great variety in economic reform paths and their successful implementation. At different
moments of transition varying constitutional rules have also emerged in these countries. In our empirical study we find a
significant relationship between constitutional rules and the economic reform process in post-socialist countries of Europe
and Asia after 1989. In principle, the results confirm the arguments of the so-called negative constitutionalists, according
to which the main function of the constitution for economic reforms in transition is its functioning as a commitment mechanism.
The conclusions constitute an important step towards verification of different and often conflicting theories proposed by
constitutional economists and allow to formulate practical recommendations for constitutional legislators and other actors
capable of influencing constitutional change in countries encompassed by the study.
相似文献
Katarzyna Metelska-SzaniawskaEmail: |
26.
In a field experiment conducted in cooperation with city theatres in Warsaw, we allowed some of the visitors to pay whatever they wanted for the tickets. Half of these visitors were asked randomly to make a voluntary payment after (instead of before) the performance. We found a significant positive difference between payments made after and before the show. In a specially designed survey we capture factors that may potentially explain this difference: the visitors’ general expectations towards the performance and different aspects of the audience experience. 相似文献
27.
The purpose of this research note is to identify the central functions of larger Polish cities, as well as analyze their transformations resulting from changes in the administrative division of Poland. We perform the study based on the central place theory by Walter Christaller using two measures: centrality index and centrality index adjusted to its demographic potential. 相似文献
28.
Katarzyna Kopczewska 《Statistica Neerlandica》2014,68(4):251-266
The paper deals with the statistical modeling of convergence and cohesion over time with the use of kurtosis, skewness and L‐moments. Changes in the shape of the distribution related to the spatial allocation of socio‐economic phenomena are considered as an evidence of global shift, divergence or convergence. Cross‐sectional time‐series statistical modeling of variables of interest is to overpass the minors of econometric theoretical models of convergence and cohesion determinants. L‐moments perform much more stable and interpretable than classical measures. Empirical evidence of panel data proves that one pure pattern (global shift, polarization or cohesion) rarely exists and joint analysis is required. 相似文献
29.
Katarzyna Bień-Barkowska 《新兴市场金融与贸易》2014,50(1):93-117
In this paper, I examine order submissions and cancellations in the Reuters Dealing 3000 Spot Matching System, the main order-driven market for interbank trading of the euro/z?oty (EUR/PLN) currency pair. I generalize the asymmetric autoregressive conditional duration (AACD) model of Bauwens and Giot (2003) with respect to more than two competing risks. With the new multistate AACD model, I examine the timing of different order submissions and cancellations that take place on different sides of the market and vary according to their level of aggressiveness. I investigate different liquidity or information-oriented factors that exert an influence on the dynamics of the limit order book. 相似文献
30.
This paper investigates the impact of the Europe Agreement on Poland’s imports using econometric models applied to highly
disaggregated trade data. This allows other influences on Poland’s trade patterns to be controlled for, specifically the effects
of other trade agreements and for the emergence of China. The paper shows that the Europe Agreement had transitory effects
on Poland’s imports, but that the scale of the trade effects and the balance of trade creation and diversion effects is sensitive
to model specification. The preferred dynamic specification which allows for heterogeneity of time effects across sectors
identifies the Europe Agreement to have net trade-creating effects.
相似文献