Privatization Versus Competition: Changing Enterprise Behavior in Russia
We investigate whether competitive forces and privatization have yet began to play an efficiency-enhancing role in Russia. We also explore the economic effects of harder budget constraints on enterprise behavior. The empirical work is based on a large enterprise panel of Russian firms 1990-94, representing around 10% of Russian manufacturing output. We conclude that privatization is having an impact on enterprise efficiency and restructuring but domestic market structure and harder budget constraints for the most part are not. Intriguingly, Russian firms are found to be sensitive to the degree of import penetration.
|Date of creation:||01 Jan 1997|
|Date of revision:|
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- Esposito, Louis & Esposito, Frances Ferguson, 1971. "Foreign Competition and Domestic Industry Profitability," The Review of Economics and Statistics, MIT Press, vol. 53(4), pages 343-53, November.
- Sleuwaegen, Leo E & Dehandschutter, Wim V, 1986. "The Critical Choice between the Concentration Ratio and the H-Index in Assessing Industry Performance," Journal of Industrial Economics, Wiley Blackwell, vol. 35(2), pages 193-208, December.
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- Kwoka, John E, Jr, 1981. "Does the Choice of Concentration Measure Really Matter?," Journal of Industrial Economics, Wiley Blackwell, vol. 29(4), pages 445-53, June.
- Saunders, Ronald, 1980. "The Determinants of Productivity in Canadian Manufacturing Industries," Journal of Industrial Economics, Wiley Blackwell, vol. 29(2), pages 167-84, December.
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