Original scientific paper
Productivity, Firm Size and the Process of Transition
Zoran Kovačević
; Faculty of Economics and Business, University of Zagreb, Zagreb, Croatia
Abstract
The importance of different sized firms in the process of development is significantly determined by different firm types. In order to detect the changes in industry character the author assumes that the differences in productivity among different sized firms indicate the very character of the industry. Small Croatian firms have been positioned predominantly in the service sector. Limited domestic market size and the so called structural changes, continuously limit the ability of small firms to generate large employment. Thus, in order to reduce the growing unemployment and for expansion of export, Croatian economic policy will have to rely more on the larger firms.
Keywords
productivity; firm size; transition; cohorts
Hrčak ID:
34384
URI
Publication date:
1.5.1998.
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