Productivity after ownership transformation-serbian case
Abstract
Differences in total factor productivity of privatised and newly-founded private companies in Serbia are empirically estimated in this paper. On the panel data from a sample of 900 firms in three regions - Vojvodina, Central Serbia and Belgrade, it is found that majority foreign owned companies, as well as export-oriented and newly-founded businesses which did not undergo the process of ownership transformation recorded higher productivity than the average productivity in these regions. Regional inequality in companies' performance elasticity to foreign capital, exports and market concentration is also empirically proved.
Keywords:
total factor productivity / foreign ownership / privatization / regional differencesSource:
Metalurgia International, 2012, 17, 6, 50-57Publisher:
- Editura Stiintifica Fmr, Bucharest
Funding / projects:
- Pressure equipment integrity under simultaneous effect of fatigue loading and temperature (RS-MESTD-Technological Development (TD or TR)-35011)
- Development of a stochastic model for determining the elements of production cycle time and their optimization for serial production in metal processing industry and recycling processes (RS-MESTD-Technological Development (TD or TR)-35017)
Institution/Community
Tehnološko-metalurški fakultetTY - JOUR AU - Dondur, Nikola AU - Spasojević-Brkić, Vesna AU - Omić, Snežana AU - Milović, Ljubica AU - Sedmak, Tamara PY - 2012 UR - http://TechnoRep.tmf.bg.ac.rs/handle/123456789/1995 AB - Differences in total factor productivity of privatised and newly-founded private companies in Serbia are empirically estimated in this paper. On the panel data from a sample of 900 firms in three regions - Vojvodina, Central Serbia and Belgrade, it is found that majority foreign owned companies, as well as export-oriented and newly-founded businesses which did not undergo the process of ownership transformation recorded higher productivity than the average productivity in these regions. Regional inequality in companies' performance elasticity to foreign capital, exports and market concentration is also empirically proved. PB - Editura Stiintifica Fmr, Bucharest T2 - Metalurgia International T1 - Productivity after ownership transformation-serbian case EP - 57 IS - 6 SP - 50 VL - 17 UR - https://hdl.handle.net/21.15107/rcub_technorep_1995 ER -
@article{ author = "Dondur, Nikola and Spasojević-Brkić, Vesna and Omić, Snežana and Milović, Ljubica and Sedmak, Tamara", year = "2012", abstract = "Differences in total factor productivity of privatised and newly-founded private companies in Serbia are empirically estimated in this paper. On the panel data from a sample of 900 firms in three regions - Vojvodina, Central Serbia and Belgrade, it is found that majority foreign owned companies, as well as export-oriented and newly-founded businesses which did not undergo the process of ownership transformation recorded higher productivity than the average productivity in these regions. Regional inequality in companies' performance elasticity to foreign capital, exports and market concentration is also empirically proved.", publisher = "Editura Stiintifica Fmr, Bucharest", journal = "Metalurgia International", title = "Productivity after ownership transformation-serbian case", pages = "57-50", number = "6", volume = "17", url = "https://hdl.handle.net/21.15107/rcub_technorep_1995" }
Dondur, N., Spasojević-Brkić, V., Omić, S., Milović, L.,& Sedmak, T.. (2012). Productivity after ownership transformation-serbian case. in Metalurgia International Editura Stiintifica Fmr, Bucharest., 17(6), 50-57. https://hdl.handle.net/21.15107/rcub_technorep_1995
Dondur N, Spasojević-Brkić V, Omić S, Milović L, Sedmak T. Productivity after ownership transformation-serbian case. in Metalurgia International. 2012;17(6):50-57. https://hdl.handle.net/21.15107/rcub_technorep_1995 .
Dondur, Nikola, Spasojević-Brkić, Vesna, Omić, Snežana, Milović, Ljubica, Sedmak, Tamara, "Productivity after ownership transformation-serbian case" in Metalurgia International, 17, no. 6 (2012):50-57, https://hdl.handle.net/21.15107/rcub_technorep_1995 .