Showing 1 - 10 of 98
in 40 regions of Russia, this paper examines public infrastructure provision by Russian industrial enterprises. We find … early 1990s. Industrial firms' engagement in the provision of infrastructure services, such as heating, electricity and road … that, first, to a large degree engagement in infrastructure provision – as proxied by district heating production – is a …
Persistent link: https://www.econbiz.de/10005419599
The paper analyses fiscal competition for mobile capital between identical regions in a transition country. A framework … transition when the share of the old sector is overwhelming, consumers in a transition economy may be better off in a competitive …
Persistent link: https://www.econbiz.de/10005207091
GDP per capita growth rates in Russia have been among the highest in the world since the mid-1990s. Previous growth …
Persistent link: https://www.econbiz.de/10010818574
The paper is intended to explain low sensitivity of employment decisions observed in transition economies where insider …
Persistent link: https://www.econbiz.de/10005771103
In this paper, we assess whether recent economic developments in Russia are symptomatic of Dutch Disease. We first … growth; and (4) higher overall wages. We test these predictions for Russia while carefully controlling for other factors that … could have led to similar symptoms. We con-clude that, while Russia has all of the symptoms, the diagnosis of Dutch Disease …
Persistent link: https://www.econbiz.de/10005771109
This paper provides micro and macroeconomic analysis of the economic role of banks in the Russian economy. Using a large panel containing Russian enterprises’ balance sheet and income statement data, we evaluate the determinants of bank financing. Econometric model put out the existence of...
Persistent link: https://www.econbiz.de/10005190683
We study three aspects of the Russian stock market – factors influencing stock returns, integration of the stock market with world .financial markets, and market efficiency – from 1995 to present, putting emphasis on how these evolved over time. We .find many highly unstable relationships,...
Persistent link: https://www.econbiz.de/10005190692
Andrei Shleifer and Daniel Treisman recently rendered a summary verdict on the post-Soviet Russian transition … shows factually, and on the norms elaborated by Pareto, Arrow and Bergson that Russia is an abnormal political economy …
Persistent link: https://www.econbiz.de/10005419588
The analysis of external economic relations of Russia reveals a paradox: while Europe is the main trade and direct … investment partner of Russia, this is far from being the case concerning its currency’s role in Russia's financial activities …
Persistent link: https://www.econbiz.de/10005419597
unemployed workers in transitional Russia. We use pooled data from rounds 5-9 of the Russia Longitudinal Monitoring Survey (RLMS … metropolitan areas of Moscow and St. Petersburg differs substantially from the behavior of workers living elsewhere in Russia. The … most frequently used search strategy in Russia, as in other countries, is contacting friends and relatives for job leads. …
Persistent link: https://www.econbiz.de/10005419614