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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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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 4937.

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Date of creation: Feb 2005
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Handle: RePEc:cpr:ceprdp:4937

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Keywords: enterprise performance; privatization in Russia and China;

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Cited by:
  1. 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.
  2. 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).
  3. 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).
  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. 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.
  6. 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).
  7. repec:wdi:papers:2011-1029 is not listed on IDEAS

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