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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 …
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We introduce a novel approach to modeling the impact of institutional quality on firm performance. Our methodology enables us to estimate the marginal effect of institutional quality on TFP, factor inputs and output of each firm, which gives us within-country distributions of these effects and...
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Business groups, which are ubiquitous in emerging market economies, balance the advantages of characteristics such as internal capital markets with the disadvantages such as inefficient internal distribution of resources and suppression of technological and other forms of innovativeness. In this...
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