Firm-level Inefficiency in Post-transition Economies

Firms in post-transition economies are frequently considered less efficient than those more advanced market economies. By relying on the World Bank Enterprise Survey for year 2019, firm-level technical inefficiency is estimated by stochastic frontier analysis method a sample of European countries. To be precise, included Albania, Bosnia and Herzegovina, Croatia, Czechia, Estonia, North Macedonia, Poland, Serbia, Slovenia. Furthermore, factors contributing to explored comparative setting. The effects international orientation firm, foreign ownership, doing business with government sector, presence informal competitors, innovation activity, manager experience, age firm estimated. Results show that although some common subsample countries, not single factor significant all analysed 
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