Performance assessment of Russian homeowners associations : The importance of being social
AbstractPerformance of Russian homeowners associations – non-profits established to manage common property in residential housing – is assessed using the stochastic frontier technique, which is a powerful tool of productivity analysis. Performance variations are explained by physical and social factors, prominent among them is the availability of social capital among tenants, required to resolve collective action problems and ensure accountability of managing bodies and outside contractors. Lack of civic capacity could be an obstacle to implementing community-governance solutions in residential housing, making homeowners associations dysfunctional or prone to capture by vested interests.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 28785.
Date of creation: Jul 2010
Date of revision:
homeowners associations; non-profit organizations; common property; stochastic frontier; social capital;
Find related papers by JEL classification:
- P25 - Economic Systems - - Socialist Systems and Transition Economies - - - Urban, Rural, and Regional Economics
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-09 (All new papers)
- NEP-CIS-2011-04-09 (Confederation of Independent States)
- NEP-EFF-2011-04-09 (Efficiency & Productivity)
- NEP-SOC-2011-04-09 (Social Norms & Social Capital)
- NEP-TRA-2011-04-09 (Transition Economics)
- NEP-URE-2011-04-09 (Urban & Real Estate Economics)
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