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The composition and interests of Russia’s business lobbies: A test of Olson’s “encompassing organization” hypothesis
Pyle, William; Solanko, Laura - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2010
Why are some lobby groups less benign in their external effects than others? Nearly three decades ago, Mancur Olson (1982) proposed that less-encompassing lobby groups with their constituents collectively representing a narrow range of sectors are more apt to seek the types of subsidies,...
Persistent link: https://www.econbiz.de/10008525391
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Firm behavior under production uncertainty: Evidence from Russia
Leppänen, Simo; Solanko, Laura; Linden, Mikael - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2009
Enterprises in post-socialist and transition economies often participate in providing infrastructure and social services to the surrounding community. We argue that this bundling of social and infrastructure goods provision with an enterprise’s core operations is a fully rational choice in an...
Persistent link: https://www.econbiz.de/10008477162
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Market power in the Russian banking industry
Fungacova, Zuzana; Solanko, Laura; Weill, Laurent - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2010
The aim of this paper is to analyze bank competition in Russia by measuring the market power of Russian banks and its …
Persistent link: https://www.econbiz.de/10008540684
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Market Power in the Russian Banking Industry
Fungacova, Zuzana; Solanko, Laura; Weill, Laurent - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 2010
The aim of this paper is to analyze bank competition in Russia by measuring the market power of Russian banks and its …
Persistent link: https://www.econbiz.de/10008550407
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A Tale of Two City-States; Novgorod and Pskov in the 1990s
Solanko, Laura - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2000
This paper examines two regions of the Russian Federation, Novgorod and Pskov, to compare how differences in economic policy affect economic development. Despite common histories, geography and natural resources, Novgorod committed early on to policies that would attract foreign investments in...
Persistent link: https://www.econbiz.de/10005771108
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An empirical note on growth and convergence across Russian regions
Solanko, Laura - EconWPA - 2003
This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian regions. Using data for 1992-2001, we find strong sigma divergence simultaneously with beta convergence. he results indicate that per capita income in Russian regions may be...
Persistent link: https://www.econbiz.de/10005125010
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An empirical note on growth and convergence across Russian regions
Solanko, Laura - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2003
This empirical note uses publicly available Goskomstat data to investigate income growth and convergence across Russian regions. Using data for 1992-2001, we find strong sigma divergence simultaneously with beta convergence. he results indicate that per capita income in Russian regions may be...
Persistent link: https://www.econbiz.de/10005190662
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Risk-taking by Russian banks: Do location, ownership and size matter?
Fungacova, Zuzana; Solanko, Laura - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008
The Russian banking sector has experienced enormous growth rates during the last 6-7 years. The rapid growth of assets has, however, contributed to a decrease in the capital adequacy ratio, thus influencing the ability of banks to cope with risk. Using quarterly data spanning from 1999 to 2007...
Persistent link: https://www.econbiz.de/10005190682
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Current Trends in the Russian Financial System
Bogetic, Zeljko; Fungáčová, Zuzana; Barisitz, Stephan; … - SUERF - The European Money and Finance Forum
to be among the pioneer foreign investors in Russia, Ukraine, Kazakstan and Belarus. The international financial crisis … the stability-oriented policy that Russia was relatively well prepared when it was hit by the global financial crisis in … Russia has a dual economy. The natural resource based sectors are clearly globally competitive but the sectors outside the …
Persistent link: https://www.econbiz.de/10004982520
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A tale of two city-states: Novgorod and Pskov in the 1990s
Solanko, Laura; Tekoniemi, Merja - 2000
This paper examines two regions of the Russian Federation, Novgorod and Pskov, to compare how differences in economic policy affect economic development.Despite common histories, geography and natural resources, Novgorod committed early on to policies that would attract foreign investments in...
Persistent link: https://www.econbiz.de/10012148412