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How transition paths differ: Enterprise performance in Russia and China

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  • Bhaumik, Sumon Kumar
  • Estrin, Saul

Abstract

We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated with ownership or institutional factors. However, in Russia, enterprise growth is not associated with increases in factor quantity (except for labour) or quality. The main determinants of company performance are instead demand and institutional factors at a regional level. We explore possible interpretations of these results, including the impact of institutional and managerial quality.

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Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 82 (2007)
Issue (Month): 2 (March)
Pages: 374-392

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Handle: RePEc:eee:deveco:v:82:y:2007:i:2:p:374-392

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Citations

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Cited by:
  1. Chen, Shiyi & Jefferson, Gary H. & Zhang, Jun, 2011. "Structural change, productivity growth and industrial transformation in China," China Economic Review, Elsevier, vol. 22(1), pages 133-150, March.
  2. Bhaumik, Sumon K. & Dimova, Ralitza & Gang, Ira N., 2014. "Is Women's Ownership of Land a Panacea in Developing Countries? Evidence from Land-Owning Farm Households in Malawi," IZA Discussion Papers 7907, Institute for the Study of Labor (IZA).
  3. Bhaumik, Sumon K. & Gangopadhyay, Shubhashis & Krishnan, Shagun, 2006. "Reforms, Entry and Productivity: Some Evidence from the Indian Manufacturing Sector," IZA Discussion Papers 2086, Institute for the Study of Labor (IZA).
  4. Bat Batjargal & Bat Batjargal, 2005. "Comparative social capital: Networks of entrepreneurs and investors in China and Russia," William Davidson Institute Working Papers Series wp783, William Davidson Institute at the University of Michigan.
  5. Bhaumik, Sumon K. & Dimova, Ralitza & Kumbhakar, Subal C. & Sun, Kai, 2012. "Does Institutional Quality Affect Firm Performance? Insights from a Semiparametric Approach," IZA Discussion Papers 6351, Institute for the Study of Labor (IZA).
  6. Craig P. Aubuchon & Subhayu Bandyopadhyay & Sumon Kumar Bhaumik, 2012. "The extent and impact of outsourcing: evidence from Germany," Review, Federal Reserve Bank of St. Louis, issue July, pages 287-304.
  7. repec:wdi:papers:2011-1029 is not listed on IDEAS

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