Policy Reform and Growth in Post-Soviet Russia

Daniel Berkowitz and David DeJong ()

No 405, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

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)
Pages: pages
Date: 2001-10-01
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Citations: View citations in EconPapers (9)

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Journal Article: Policy reform and growth in post-Soviet Russia (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:wdi:papers:2000-405

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