Policy Reform and Growth in Post-Soviet Russia

Daniel Berkowitz and David N. DeJong ()

No 405, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan Stephen M. Ross Business School

Abstract: 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.

Keywords: new enterprise formation; privatization; price liberalization (search for similar items in EconPapers)
JEL-codes: O4 P3 R1 (search for similar items in EconPapers)
Date: Written 2001-10-01
View list of references View citations in EconPapers

Downloads: (external link)
http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp405.pdf

Related works:
Journal Article: Policy reform and growth in post-Soviet Russia (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Access Statistics for this paper

More papers in William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan Stephen M. Ross Business School
Contact information at EDIRC.
Series data maintained by Patricia Loh ().