Unequal effects of liberalisation on diversification of Russia’s regions
AbstractIn this paper we document how the unequal liberalisation of business regulation across Russia’s regions leads to varying effects on the diversification of Russia’s economy. We find that national liberalisation laws were better enforced in those regions with more transparent government. As a result, economic diversification was more marked and growth of the small business sector more significant. In contrast, in regions with less transparent government, we observe no effect of reform.
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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 128.
Length: 24 pages
Date of creation: Apr 2011
Date of revision:
Publication status: Published in Working papers 128, European Bank for Reconstruction and Development
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diversification; liberalisation; Russia;
Find related papers by JEL classification:
- H10 - Public Economics - - Structure and Scope of Government - - - General
- K20 - Law and Economics - - Regulation and Business Law - - - General
- L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
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