I examine the relation between bureaucratic corruption ('to get things done') and firm performance in Central and Eastern European countries. While previous re- search relies on data from the BEEPS survey, which suffers from excessive non- reporting of corporate performance, I combine the...

The paper investigates innovation activities of enterprises, and the impact both of intra-firm features and external determinants of business climate on these activities in transitional economies. The main attention is focused on administrative barriers and accompanying corruption burden in the...

Russian Abstract: Ряд теоретических результатов, касающихся взаимного восприятия персон, занимающих позиции в иерархической организационной структуре, а также...

Although entrepreneurship plays a key role in economic development, it remains largely unknown. The reason is that it is challenging to measure entrepreneurship objectively and identify its determinants. In this paper, we analyze the effect of a particular feature of the institutional landscape,...

Screening requirements are common features of fraud and corruption mitigation efforts around the world. Yet imposing these requirements involves trade-offs between higher administrative costs, delayed benefits, and exclusion of genuine beneficiaries on one hand and lower fraud on the other. We...

Since end of the 20th century the largest transnational corporations (TNCs) are actively involved in the activities concerning formation of trade policy of leading western countries. Due deep changes in global production landscape and great importance of global value chains the attitude of TNCs...

Using detailed data on firm operations along with a novel method of measuring political connections, we study whether and how political connections matter for firms during an economic downturn. In the context of India’s Demonetization episode of 2016, we use a synthetic...

The formation of Russian multinational enterprises was determined by the specifics of the privatization in Russia and ownership structure, as well assets inherited from the Soviet era, and process of the country's integration into the global economy after 1991. In Russia, with a minimum of...

We employ a unique dataset on Chinese firm registration to examine how hometown ties in political network affect capital allocation. We use a quasi experimental design that relies on the relocation of officials across Chinese cities. We find that hometown ties between city party secretaries...

We use a new machine learning-enabled, social network based measurement technique to assemble a novel dataset of firms' political connections in India. Leveraging this data along with a long panel of detailed financial transactions of firms, we study how political connections matter during an...