Barriers to Investment by Russian Firms: Property Protection or Credit Constraints?
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Frye, Timothy & Zhuravskaya, Ekaterina, 2000.
"Rackets, Regulation, and the Rule of Law,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 16(2), pages 478-502, October.
- Timothy Frye & Ekaterina Zhuravskaya, 2000. "Rackets, Regulation and the Rule of Law," Working Papers w0002, New Economic School (NES).
- Timothy Frye & Ekaterina Zhuravskaya, 2000. "Rackets, Regulation and the Rule of Law," Working Papers w0002, Center for Economic and Financial Research (CEFIR).
- Zhuravskaya, Ekaterina & Frye, Timothy, 2001. "Rackets, Regulation and the Rule of Law," CEPR Discussion Papers 2716, C.E.P.R. Discussion Papers.
- Linz, Susan J, 2000.
"Labor Productivity in Transition: A Regional Analysis of Russian Industry,"
Economic Development and Cultural Change, University of Chicago Press, vol. 48(4), pages 685-718, July.
- Susan J. Linz, 1998. "Labor Productivity in Transition: A Regional Analysis of Russian Industry," William Davidson Institute Working Papers Series 151, William Davidson Institute at the University of Michigan.
- Johnson, Simon & Kaufmann, Daniel & McMillan, John & Woodruff, Christopher, 2000.
"Why do firms hide? Bribes and unofficial activity after communism,"
Journal of Public Economics, Elsevier, vol. 76(3), pages 495-520, June.
- Johnson, Simon & McMillan, John & Woodruff, Christopher, 1999. "Why do Firms Hide? Bribes and Unofficial Activity After Communism," CEPR Discussion Papers 2105, C.E.P.R. Discussion Papers.
- Simon Johnson & Daniel Kaufmann & John McMillan & Christopher Woodruff, 2003. "Why Do Firms Hide? Bribes and Unofficial Activity after Communism," Public Economics 0308004, University Library of Munich, Germany.
- Svensson, Jakob, 1998. "Investment, property rights and political instability: Theory and evidence," European Economic Review, Elsevier, vol. 42(7), pages 1317-1341, July.
- Susan J Linz & Gary Krueger, 1998.
"Enterprise Restructuring in Russia's Transition Economy: Formal and Informal Mechanisms,"
Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, 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.
- Rajan, Raghuram G & Zingales, Luigi, 1998.
"Financial Dependence and Growth,"
American Economic Review, American Economic Association, vol. 88(3), pages 559-586, June.
- Raghuram G. Rajan & Luigi Zingales, "undated". "Financial Dependence and Growth," CRSP working papers 344, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Raghuram G. Rajan & Luigi Zingales, 1996. "Financial Dependence and Growth," NBER Working Papers 5758, National Bureau of Economic Research, Inc.
- Gaviria, Alejandro, 2002.
"Assessing the effects of corruption and crime on firm performance: evidence from Latin America,"
Emerging Markets Review, Elsevier, vol. 3(3), pages 245-268, September.
- Alejandro Gaviria, 2002. "Assessing the Effects of Corruption and Crime on Firm Performance: Evidence from Latin America," Investigación Económica en Colombia 1902, Fundación Pondo.
- Grossman, Gene M & Helpman, Elhanan, 1994.
"Protection for Sale,"
American Economic Review, American Economic Association, vol. 84(4), pages 833-850, September.
- Grossman, G.M. & Helpman, E., 1992. "Protection for Sale," Papers 162, Princeton, Woodrow Wilson School - Public and International Affairs.
- Grossman, Gene & Helpman, Elhanan, 1993. "Protection for Sale," CEPR Discussion Papers 827, C.E.P.R. Discussion Papers.
- Grossman, G.M. & Helpman, E., 1992. "Protection for Sale," Papers 21-92, Tel Aviv.
- Gene M. Grossman & Elhanan Helpman, 1992. "Protection For Sale," NBER Working Papers 4149, National Bureau of Economic Research, Inc.
- Simon Johnson & John McMillan & Christopher Woodruff, 1999. "Property Rights, Finance, and Entrepreneurship," CESifo Working Paper Series 212, CESifo.
- Joel Hellman & Mark Schankerman, 2000. "Intervention, Corruption and Capture: The Nexus between Enterprises and the State," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(3), pages 545-576, November.
- Simon Johnson & John McMillan & Christopher Woodruff, 1999.
"Contract Enforcement in Transition,"
CESifo Working Paper Series
211, CESifo.
- Johnson, Simon & McMillan, John & Woodruff, Christopher, 1999. "Contract Enforcement in Transition," CEPR Discussion Papers 2081, C.E.P.R. Discussion Papers.
- Frye, Timothy & Shleifer, Andrei, 1997.
"The Invisible Hand and the Grabbing Hand,"
American Economic Review, American Economic Association, vol. 87(2), pages 354-358, May.
- Timothy Frye & Andrei Shleifer, 1996. "The Invisible Hand and the Grabbing Hand," NBER Working Papers 5856, National Bureau of Economic Research, Inc.
- Frye, Timothy & Shleifer, Andrei, 1997. "The Invisible Hand and the Grabbing Hand," Scholarly Articles 30725664, Harvard University Department of Economics.
- Asli Demirgüç-Kunt & Vojislav Maksimovic, 1998. "Law, Finance, and Firm Growth," Journal of Finance, American Finance Association, vol. 53(6), pages 2107-2137, December.
- Pissarides, Francesca & Singer, Miroslav & Svejnar, Jan, 2003.
"Objectives and constraints of entrepreneurs: evidence from small and medium size enterprises in Russia and Bulgaria,"
Journal of Comparative Economics, Elsevier, vol. 31(3), pages 503-531, September.
- Francesca Pissarides & Miroslav Singer & Jan Svejnar, 2000. "Objectives and Constraints of Entrepreneurs: Evidence from Small and Medium Size Enterprises in Russia and Bulgaria," William Davidson Institute Working Papers Series 346, William Davidson Institute at the University of Michigan.
- Svejnar, Jan & Pissarides, Francesca & Singer, Miroslav, 2003. "Objectives and Constraints of Entrepreneurs: Evidence from Small and Medium-Size Enterprises in Russia and Bulgaria," CEPR Discussion Papers 4142, C.E.P.R. Discussion Papers.
- Alejandro Gaviria Uribe, 2000. "Assessing the effects of corruption and crime on firm performance," Informes de Investigación 2031, Fedesarrollo.
- Friedman, Eric & Johnson, Simon & Kaufmann, Daniel & Zoido-Lobaton, Pablo, 2000. "Dodging the grabbing hand: the determinants of unofficial activity in 69 countries," Journal of Public Economics, Elsevier, vol. 76(3), pages 459-493, June.
- Paolo Mauro, 1995. "Corruption and Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 681-712.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Dorbec, Anna, 2004. "Liquidity provision in transition economy: the lessons from Russia," BOFIT Discussion Papers 17/2004, Bank of Finland Institute for Emerging Economies (BOFIT).
- Alexander Pakhalov, 2020. "Import of Institutions as an Approach to Investment Climate Reform: Evidence from Russia," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 6(2), pages 127-144, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Meghana Ayyagari & Asli Demirgüç-Kunt & Vojislav Maksimovic, 2008.
"How Important Are Financing Constraints? The Role of Finance in the Business Environment,"
The World Bank Economic Review, World Bank, vol. 22(3), pages 483-516, November.
- Ayyagari, Meghana & Demirguc-Kunt, Asli & Maksimovic, Vojislav, 2006. "How important are financing constraints ? The role of finance in the business environment," Policy Research Working Paper Series 3820, The World Bank.
- Simon Johnson & John McMillan & Christopher Woodruff, 2002.
"Property Rights and Finance,"
American Economic Review, American Economic Association, vol. 92(5), pages 1335-1356, December.
- Simon Johnson & John McMillan & Christopher Woodruff, 2002. "Property Rights and Finance," NBER Working Papers 8852, National Bureau of Economic Research, Inc.
- Simon Johnson & John McMillan & Christopher Woodruff, 1999. "Property Rights, Finance, and Entrepreneurship," CESifo Working Paper Series 212, CESifo.
- Yan Leung Cheung & P. Raghavendra Rau & Aris Stouraitis, 2012. "How much do firms pay as bribes and what benefits do they get? Evidence from corruption cases worldwide," NBER Working Papers 17981, National Bureau of Economic Research, Inc.
- Beck, T.H.L. & Hoseini, M., 2014.
"Informality and Access to Finance : Evidence from India,"
Other publications TiSEM
00e890f4-bd1a-46ba-9064-7, Tilburg University, School of Economics and Management.
- Beck, T.H.L. & Hoseini, M., 2014. "Informality and Access to Finance : Evidence from India," Other publications TiSEM e5c25baf-18fc-4e4f-910c-1, Tilburg University, School of Economics and Management.
- Beck, T.H.L. & Hoseini, M., 2014. "Informality and Access to Finance : Evidence from India," Discussion Paper 2014-052, Tilburg University, Center for Economic Research.
- Ahlin, Christian & Pang, Jiaren, 2008.
"Are financial development and corruption control substitutes in promoting growth?,"
Journal of Development Economics, Elsevier, vol. 86(2), pages 414-433, June.
- Christian Ahlin & Jiaren Pang, 2006. "Are Financial Development and Corruption Control Substitutes in Promoting Growth?," Vanderbilt University Department of Economics Working Papers 0709, Vanderbilt University Department of Economics.
- World Bank, 2008. "Mauritania : Anti-Corruption Study," World Bank Publications - Reports 12731, The World Bank Group.
- Bassetti, Thomas & Dal Maso, Lorenzo & Lattanzi, Nicola, 2015. "Family businesses in Eastern European countries: How informal payments affect exports," Journal of Family Business Strategy, Elsevier, vol. 6(4), pages 219-233.
- Feng, Xunan & Johansson, Anders C., 2014.
"Escaping political extraction: Political participation, institutions, and cash holdings in China,"
China Economic Review, Elsevier, vol. 30(C), pages 98-112.
- Feng, Xunan & Johansson, Anders C., 2011. "Escaping Political Extraction: Political Participation, Institutions, and Cash Holdings in China," Working Paper Series 2011-18, Stockholm School of Economics, China Economic Research Center.
- Hongbin Li & Lingsheng Meng & Junsen Zhang, 2005. "Why Do Entrepreneurs Enter Politics?," Discussion Papers 00009, Chinese University of Hong Kong, Department of Economics.
- Durnev, Art & Fauver, Larry, 2008. "Stealing from Thieves: Firm Governance and Performance when States are Predatory," CEI Working Paper Series 2008-12, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
- Nurullah Gur, 2012. "Financial Constraints, Quality of Institutions and Firm Size: What Do Perceptions Tell Us?," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 2(2), pages 17-36, December.
- Estrin, Saul & Prevezer, Martha, 2010. "A survey on institutions and new firm entry: How and why do entry rates differ in emerging markets?," Economic Systems, Elsevier, vol. 34(3), pages 289-308, September.
- Unal Zenginobuz & Sumru Altug, 2009. "What has been the Role of Investment in Turkey's Growth Performance?," Working Papers 2009/02, Bogazici University, Department of Economics.
- Iwasaki, Ichiro & Maurel, Mathilde & Meunier, Bogdan, 2016.
"Firm entry and exit during a crisis period: Evidence from Russian regions,"
Russian Journal of Economics, Elsevier, vol. 2(2), pages 162-191.
- Iwasaki, Ichiro & 岩崎, 一郎 & Maurel, Mathilde & Meunier, Bogdan, 2016. "Firm Entry and Exit during a Crisis Period Evidence from Russian Regions," RRC Working Paper Series 59, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
- Ekaterina Vostroknutova, 2003.
"Shadow Economy, Rent-Seeking Activities and the Perils of Reinforcement of the Rule of Law,"
William Davidson Institute Working Papers Series
2003-578, William Davidson Institute at the University of Michigan.
- Ekaterina VOSTROKNUTOVA, 2003. "Shadow Economy, Rent-Seeking Activities and the Perils of Reinforcement of the Rule of Law," Economics Working Papers ECO2003/09, European University Institute.
- Muthoo, Abhinay, 2000.
"On the foundations of basic property rights, Part I: A model of the state-of-nature with two players,"
Economics Discussion Papers
9986, University of Essex, Department of Economics.
- Abhinay Muthoo, 2000. "On the Foundations of Basic Property Rights, Part I: A Model of the State-of-Nature with Two Players," Econometric Society World Congress 2000 Contributed Papers 0471, Econometric Society.
- Sergei Guriev & Barry W. Ickes, 2000. "Microeconomic Aspects of Economic Growth in Eastern Europe and the Former Soviet Union, 1950-2000," William Davidson Institute Working Papers Series 348, William Davidson Institute at the University of Michigan.
- Sandra Blagojevic & Jože P.Damijan, 2012. "Impact of Private Incidence of Corruption and Firm Ownership on Performance of Firms in Central and Eastern Europe," LICOS Discussion Papers 31012, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
- 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.
More about this item
Keywords
Russia; investment; property protection; credit; transition cost;All these keywords.
JEL classification:
- P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights
- P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
- L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENT-2002-06-13 (Entrepreneurship)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wdi:papers:2002-469. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: WDI (email available below). General contact details of provider: https://edirc.repec.org/data/wdumius.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.