@inbook{d1f8e004dd75499a9ce9fa2449cee0c9,
title = "The business environment in the transition",
abstract = "Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business environment includes physical infrastructure, the availability of an educated labour force, provision of administrative and judicial services, the control of corruption and crime, and the stability of the macroeconomic environment. By comparing how different elements of the business environment affected firms in formerly planned economies with those in economies outside transition, we document not only the challenges faced by transition firms but also the effects of the planning legacy.",
author = "Wendy Carlin and Schaffer, {Mark Edwin}",
note = "Previously circulated as CESifo Working Paper 3934, 2012. http://www.cesifo-group.de/portal/page/portal/DocBase_Content/WP/WP-CESifo_Working_Papers/wp-cesifo-2012/wp-cesifo-2012-09/cesifo1_wp3934.pdf",
year = "2013",
language = "English",
isbn = "978-0415591126",
series = "Routledge International Handbooks",
publisher = "Routledge",
pages = "296--309",
editor = "Paul Hare and Gerard Turley",
booktitle = "Handbook of the Economics and Political Economy of Transition",
address = "United Kingdom",
}