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Transition on the shop floor : the restructuring of a weaving mill, Hungary 1988-97

机译:车间过渡:1988-97匈牙利一家织布厂的重组

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摘要

While a variety of studies analysed the benign effects of privatisation on firm performance under post-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows a weaving mill from 1998 to 1997 on its way of becoming a capitalist enterprise and gives a detailed account of the sources and limits of productivity growth. The data suggests that the factory was not far from the competitive optimum given the size of ?plant and equipment? - efficiency gains were mostly achieved by plant size reduction and asset stripping. The gains from this sort of initial restructuring helped many former state enterprises stay on the market but they did not necessarily indicate high levels of adaptability, capacity to innovate and ability to attract outside investors. In economies with many ?seemingly restructured? privatised enterprises the elimination of the former state sector jobs is likely to continue within the private sector. The process may last for years after privatisation as a legal act had been fully accomplished.
机译:尽管各种各样的研究使用财务数据分析了后社会主义过渡时期私有化对公司绩效的良性影响,但人们对如何实现明显的生产率提高知之甚少。本文遵循了一家织布厂从1998年到1997年成为资本主义企业的方式,并详细介绍了生产力增长的来源和限制。数据表明,鉴于“工厂和设备”的规模,该工厂距离竞争性最优产品并不远。 -效率提高主要是通过减少工厂规模和资产剥离来实现的。这种最初的重组所获得的收益帮助许多以前的国有企业留在市场上,但是它们并不一定表明高度的适应能力,创新能力和吸引外部投资者的能力。在许多“看似重组”的经济体中私有化企业消除以前的国有部门工作很可能会继续在私营部门内进行。由于法律行为已完全完成,该过程可能会持续数年。

著录项

  • 作者

    Kuf6llueeo Jue1nos;

  • 作者单位
  • 年度 2003
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  • 原文格式 PDF
  • 正文语种 eng
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