How Transition Paths Differ: Enterprise Performance in Russia and China

Sumon K. Bhaumik () and Saul Estrin

No 4937, CEPR Discussion Papers from C.E.P.R. Discussion Papers

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 labour) 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: enterprise performance; privatization in Russia and China (search for similar items in EconPapers)
JEL-codes: D23 L22 O12 P31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-sea and nep-tra
Date: 2005-02
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Related works:
Journal Article: How transition paths differ: Enterprise performance in Russia and China (2007)
Working Paper: How Transition Paths Differ: Enterprise Performance in Russia and China (2005)
Working Paper: How Transition Paths Differ: Enterprise Performance in Russia and China (2005)
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