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Firm performance and regional economic freedom: the case of Russia

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  • Anna Bykova
  • Dennis Coates

Abstract

This study investigates whether the economic freedom of a region drives firm performance. Despite the large number of papers about the relationship between economic freedom and growth, there is still little evidence on the role of economic freedom in the performance of individual firms. We address this gap in the literature using hierarchical linear modeling, allowing us to investigate regional differences in company-level performance. The dataset consists of information about 1,096 companies combined with the Index of Economic Freedom for Russian regions during the period 2004–2014.

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  • Anna Bykova & Dennis Coates, 2020. "Firm performance and regional economic freedom: the case of Russia," Post-Soviet Affairs, Taylor & Francis Journals, vol. 36(5-6), pages 395-415, November.
    • Handle: RePEc:taf:rpsaxx:v:36:y:2020:i:5-6:p:395-415
    DOI: 10.1080/1060586X.2020.1785239
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    Cited by:

    1. Chang, Chong-Chuo, 2023. "The impact of quality of institutions on firm performance: A global analysis," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 694-716.
    2. Roberto Ganau & Andrés Rodríguez‐Pose, 2023. "Firm‐level productivity growth returns of social capital: Evidence from Western Europe," Journal of Regional Science, Wiley Blackwell, vol. 63(3), pages 529-551, June.
    3. Rodríguez-Pose, Andrés & Ganau, Roberto, 2023. "Firm-level productivity growth returns of social capital: Evidence from Western Europe," CEPR Discussion Papers 17979, C.E.P.R. Discussion Papers.

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