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How Transition Paths Differ: Enterprise Performance in Russia and China

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  • Sumon Bhaumik
  • Saul Estrin

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Abstract

We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated with ownership or institutional factors. However, in Russia, enterprise growth is not associated with increases in factor quantity (except for labor) or quality. The main determinants of company performance are instead demand and institutional factors at a regional level. We explore possible interpretations of these results, including the impact of institutional and managerial quality.

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Bibliographic Info

Paper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number wp744.

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Length: pages
Date of creation: 01 Jan 2005
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Handle: RePEc:wdi:papers:2005-744

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Keywords: enterprise performance; privatization in Russia and China.;

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Cited by:
  1. repec:wdi:papers:2011-1029 is not listed on IDEAS
  2. Sumon Kumar Bhaumik & Shubhashis Gangopadhyay & Shagun Krishnan, 2006. "Reforms, Entry and Productivity: Some Evidence from the Indian Manufacturing Sector," William Davidson Institute Working Papers Series 822, William Davidson Institute at the University of Michigan.
  3. Craig P. Aubuchon & Subhayu Bandyopadhyay & Sumon Kumar Bhaumik, 2012. "The extent and impact of outsourcing: evidence from Germany," Review, Federal Reserve Bank of St. Louis, issue July, pages 287-304.
  4. Sumon Bhaumik & Ralitza Dimova & Subal C. Kumbhakar & Kai Sun, 2012. "Does Institutional Quality Affect Firm Performance? Insights from a Semi-Parametric Approach," William Davidson Institute Working Papers Series wp1029, William Davidson Institute at the University of Michigan.
  5. Chen, Shiyi & Jefferson, Gary H. & Zhang, Jun, 2011. "Structural change, productivity growth and industrial transformation in China," China Economic Review, Elsevier, vol. 22(1), pages 133-150, March.
  6. Sumon K. Bhaumik & Ralitza Dimova & Ira N. Gang, 2013. "Is women's ownership of land a panacea in developing countries? Evidence from land-owning farm households in Malawi," William Davidson Institute Working Papers Series wp1055, William Davidson Institute at the University of Michigan.
  7. Bat Batjargal & Bat Batjargal, 2005. "Comparative social capital: Networks of entrepreneurs and investors in China and Russia," William Davidson Institute Working Papers Series wp783, William Davidson Institute at the University of Michigan.

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