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How Transition Paths Differ: Enterprise Performance in Russia and China

  • Bhaumik, Sumon K.

    ()

    (University of Sheffield)

  • Estrin, Saul

    ()

    (London School of Economics)

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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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 1484.

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Length: 36 pages
Date of creation: Jan 2005
Date of revision:
Publication status: published in: Journal of Development Economics, 82(2): 374-392, 2007
Handle: RePEc:iza:izadps:dp1484
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