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How Transition Paths Differ: Enterprise Performance in Russia and China

Sumon Bhaumik and Saul Estrin ()
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Saul Estrin: London School of Economics

No 1484, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: 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.

Keywords: privatization in Russia and China; enterprise performance (search for similar items in EconPapers)
JEL-codes: D23 L22 O12 P31 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2005-01
New Economics Papers: this item is included in nep-bec, nep-cis, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published - published in: Journal of Development Economics, 82(2): 374-392, 2007

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Journal Article: How transition paths differ: Enterprise performance in Russia and China (2007) Downloads
Working Paper: How Transition Paths Differ: Enterprise Performance in Russia and China (2005) Downloads
Working Paper: How Transition Paths Differ: Enterprise Performance in Russia and China (2005) Downloads
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