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Relative property rights in transition economies: Can the oligarchs be productive?

Author

Listed:
  • Gorodnichenko Yury
  • Grigorenko Yegor
  • Ostanin Dmytro

Abstract

Empirical evidence suggests that Ukrainian ferrous metal industry exhibits extremely low capacity utilization rates. This project seeks to explain this phenomenon within the framework of the property rights approach. A solution to the problem is proposed via introduction of the third party between primary producing firms. Policy implications will be developed.

Suggested Citation

  • Gorodnichenko Yury & Grigorenko Yegor & Ostanin Dmytro, 2006. "Relative property rights in transition economies: Can the oligarchs be productive?," EERC Working Paper Series 06-04e, EERC Research Network, Russia and CIS.
    • Handle: RePEc:eer:wpalle:06-04e
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    References listed on IDEAS

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    More about this item

    Keywords

    Ukraine; ferrous metal industry;

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics

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