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Many of the states of the former Soviet Union have experienced a dramatic collapse of output during transition, which has not yet been reversed in a sustainable way. The economics of disorganization, proposed by Blanchard (1997) and tested empirically by Blanchard and Kremer (1997), reasons that...
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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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