Bruno, Randolph Luca; Bytchkova, Maria; Estrin, Saul - In: The Review of Economics and Statistics 95 (2013) 5, pp. 1740-1749
We investigate how the regional institutional environment—in particular, the political environment—affects Russian new firm entry across regions, industries, firm size classes, and time. We find that entry rates in Russia are explained by natural entry rates and the institutional...