Policy Reform and Growth in Post-Soviet Russia
In pursuit of its transition from a command to a market economy, Russia has witnessed enormous regional differences in economic growth rates. Moreover, the implementation of economic reforms has also differed markedly across regions. We analyze whether regional differences in reform policies can account for regional differences in growth rates, and conclude that to a considerable degree, they can. Most notably, we find that regional differences in price liberalization policies exhibit a positive direct correspondence with growth. We also find that regional differences in large-scale privatization exhibit a positive correspondence with the regional formation of new legal enterprises, which in turn exhibits a strong positive correspondence with growth.
|Date of creation:||01 Oct 2001|
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- Lawrence J. Lau & Yingyi Qian & Gerard Roland, 2000.
"Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition,"
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- Berkowitz, Daniel & Holland, Jonathan, 2001. "Does privatization enhance or deter small enterprise formation?," Economics Letters, Elsevier, vol. 74(1), pages 53-60, December. Full references (including those not matched with items on IDEAS)
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