Determinants of Enterprise restructuring in Transition: Description of a Survey in Russian Industry
AbstractTo achieve sustainable economic growth in transition countries, it is crucial that enterpriseperformance is improved. However, it is not a priori clear which factors are essential for this. ForRussia, data to investigate the potential determinants of enterprise performance is scarce.Therefore, the survey described in this paper collects data on enterprise restructuring, ownership,competition, budget constraints and, particularly, institutions in Russian industry, covering theperiod between the start of 1992 and September 1999. On their own, the survey answers show adevastating restructuring crisis, massive privatization, rather weak competition, unexpectedly hardbudget constraints, an overwhelmingly negative and relatively positive assessment of formal andinformal institutions respectively, and largely the same ruling networks as before the start of marketreforms. Ironically, tentative results based on this survey indicate that (un)important determinantsof enterprise restructuring in Russian industry are exactly those on which, according to the responseper se, least (most) reform has been accomplished. That is: stronger competition and betterinstitutions go with more restructuring, while privatization and harder budget constraints do not.The substitution, to some extent, of informal for formal institutions may have prevented even worserestructuring figures, but the results also suggest that better formal institutions in general wouldhave led to further improvements.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 00-026/2.
Date of creation: 06 Apr 2000
Date of revision:
Contact details of provider:
Web page: http://www.tinbergen.nl
Transition economics; Russia; enterprise restructuring; policy reform; institutions;
Other versions of this item:
- Luc Moers, 2000. "Determinants of Enterprise Restructuring in Transition: Description of a Survey in Russian Industry," Post-Communist Economies, Taylor & Francis Journals, vol. 12(3), pages 307-335.
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
- P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
- P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
- P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-06-29 (All new papers)
- NEP-DEV-2000-06-29 (Development)
- NEP-IND-2000-06-29 (Industrial Organization)
- NEP-REG-2000-06-29 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Simon Clarke & Veronika Kabalina, 1999. "Employment in the New Private Sector in Russia," Post-Communist Economies, Taylor & Francis Journals, vol. 11(4), pages 421-443.
- Narayan, Deepa & Pritchett, Lant, 1999.
"Cents and Sociability: Household Income and Social Capital in Rural Tanzania,"
Economic Development and Cultural Change,
University of Chicago Press, vol. 47(4), pages 871-97, July.
- Narayan, Deepa & Pritchett, Lant, 1997. "Cents and sociability : household income and social capital in rural Tanzania," Policy Research Working Paper Series 1796, The World Bank.
- A. Richter & M.E. Schaffer, 1996. "The Performance of De Novo Private Firms in Russian Manufacturing," CERT Discussion Papers 9610, Centre for Economic Reform and Transformation, Heriot Watt University.
- Haggard, Stephan & McMillan, John & Woodruff, Christopher, 1996. "Trust and Search in Vietnam's Emerging Private Sector," CEPR Discussion Papers 1506, C.E.P.R. Discussion Papers.
- Susan J Linz & Gary Krueger, 1998.
"Enterprise Restructuring in Russia's Transition Economy: Formal and Informal Mechanisms,"
Comparative Economic Studies,
Palgrave Macmillan, vol. 40(2), pages 5-52, July.
- Susan J. Linz & Gary Krueger, 1998. "Enterprise Restructuring in Russia's Transition Economy: Formal and Informal Mechanisms," William Davidson Institute Working Papers Series 152, William Davidson Institute at the University of Michigan.
- Luc Moers, 1999. "What determines Enterprise Performance in Russia? A Survey of the Evidence," Tinbergen Institute Discussion Papers 99-077/2, Tinbergen Institute.
- Schaffer, Mark E., 1998. "Do Firms in Transition Economies Have Soft Budget Constraints? A Reconsideration of Concepts and Evidence," Journal of Comparative Economics, Elsevier, vol. 26(1), pages 80-103, March.
- Luc Moers, 1998. "Growth Empirics with Institutional Measures and its Application to Transition Countries: A Survey," Tinbergen Institute Discussion Papers 98-126/2, Tinbergen Institute.
- Earle, John S & Estrin, Saul, 1997. "After Voucher Privatization: The Structure of Corporate Ownership in Russian Manufacturing Industry," CEPR Discussion Papers 1736, C.E.P.R. Discussion Papers.
- S. Avdasheva, 2007. "Russian Holding Groups: New Empirical Evidence," Problems of Economic Transition, M.E. Sharpe, Inc., vol. 50(5), pages 24-43, September.
- Dirk Bezemer & Uwe Dulleck & Paul Frijters, 2003.
"Socialism, Capitalism, and Transition-Coordination of Economic Relations and Output Performance,"
Vienna Economics Papers
0305, University of Vienna, Department of Economics.
- Dirk Bezemer & Uwe Dulleck & Paul Frijters, 2003. "Socialism, Capitalism, and Transition - Coordination of Economic Relations and Output Performance," School of Economics and Finance Discussion Papers and Working Papers Series 168a, School of Economics and Finance, Queensland University of Technology.
- Paul Frijters & Dirk Bezemer & Uwe Dulleck, 2003. "Socialism, Capitalism, and Transition - Coordination of Economic Relations and Output Performance," Paul Frijters Discussion Papers 2003, School of Economics and Finance, Queensland University of Technology.
- Avdasheva, Svetlana & Golikova, Victoria & Sugiura, Fumikazu & Yakovlev, Andrei, 2007. "External Relationship of Russian Corporations," Discussion Paper Series b37, Institute of Economic Research, Hitotsubashi University.
- S. Avdasheva., 2007. "Russian Holding Company Groups: New Empirical Evidence," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 1.
- Ichiro Iwasaki, 2007. "Enterprise Reform And Corporate Governance In Russia: A Quantitative Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 21(5), pages 849-902, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Antoine Maartens (+31 626 - 160 892)).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.