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Enterprise adjustment in transition : does history matter? (Inglés)

The paper focuses on comparative empirical evidence for the Czech Republic, Poland, and Slovakia between 1990-1993, and the enterprise adjustment to the changing economic environment. It addresses the question of whether the situation of the firm at the start of the transition is an important explanatory factor in its subsequent degree of restructuring. The indicators of restructuring include adjustments to output, employment and productivity, wages...
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