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Region-specific constraints to doing business: evidence from Russia

  • Alexander Plekhanov

    (EBRD)

  • Asel Isakova

    (EBRD)

This paper looks at variation across Russian regions in terms of perceived constraints to doing business using the Business Environment and Enterprise Performance Survey of Russian firms. The analysis identifies a number of region-specific business environment components that businesses perceive as significantly more binding constraints to their operations compared with other regions. For several business environment components, however, including corruption and access to finance, inter-regional differences in their perception as constraints are insignificant. This supports the view that large observed differences in actual financial deepening across Russian regions are primarily demand-driven.

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File URL: http://www.ebrd.com/downloads/research/economics/workingpapers/WP0125.pdf
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Paper provided by European Bank for Reconstruction and Development, Office of the Chief Economist in its series Working Papers with number 125.

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Length: 34 pages
Date of creation: Mar 2011
Date of revision:
Handle: RePEc:ebd:wpaper:125
Contact details of provider: Postal: One Exchange Square, London EC2A 2JN
Web page: http://www.ebrd.com/pages/research/publications/workingpapers.shtml
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  1. Rudiger Ahrend, 2008. "Understanding Russian Regions' Economic Performance during Periods of Decline and Growth: An Extreme-bound Analysis Approach," OECD Economics Department Working Papers 644, OECD Publishing.
  2. Ichiro Iwasaki & Keiko Suganuma, 2005. "Regional Distribution of Foreign Direct Investment in Russia," Post-Communist Economies, Taylor & Francis Journals, vol. 17(2), pages 153-172.
  3. Carlin, Wendy & Schaffer, Mark E & Seabright, Paul, 2010. "A Framework for Cross-Country Comparisons of Public Infrastructure Constraints on Firm Growth," CEPR Discussion Papers 7662, C.E.P.R. Discussion Papers.
  4. Levine, Ross, 2005. "Finance and Growth: Theory and Evidence," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 12, pages 865-934 Elsevier.
  5. Pablo Druck & Alexander Plekhanov & Mario Dehesa, 2007. "Relative Price Stability, Creditor Rights, and Financial Deepening," IMF Working Papers 07/139, International Monetary Fund.
  6. Alexander Plekhanov & Lev Freinkman, 2009. "Fiscal decentralisation and the quality of public services in Russian regions," Working Papers 111, European Bank for Reconstruction and Development, Office of the Chief Economist.
  7. Jorge Martinez-Vazquez & Andrey Timofeev & Jameson Boex, 2006. "Reforming Regional-Local Finance in Russia," World Bank Publications, The World Bank, number 6925, October.
  8. Hauner, David, 2008. "Explaining Differences in Public Sector Efficiency: Evidence from Russia's Regions," World Development, Elsevier, vol. 36(10), pages 1745-1765, October.
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