Region-specific constraints to doing business: evidence from Russia
AbstractThis paper looks at variation across Russian regions in terms of perceived constraints to doing business using the Business Environment and Enterprise Performance Survey of Russian firms. The analysis identifies a number of region-specific business environment components that businesses perceive as significantly more binding constraints to their operations compared with other regions. For several business environment components, however, including corruption and access to finance, inter-regional differences in their perception as constraints are insignificant. This supports the view that large observed differences in actual financial deepening across Russian regions are primarily demand-driven.
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Bibliographic InfoPaper provided by European Bank for Reconstruction and Development, Office of the Chief Economist in its series Working Papers with number 125.
Length: 34 pages
Date of creation: Mar 2011
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Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- P2 - Economic Systems - - Socialist Systems and Transition Economies
- P5 - Economic Systems - - Comparative Economic Systems
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