How transition paths differ:enterprise performance in Russia and China

Bhaumik, Sumon, Estrin, S. and Estrin, Saul (2007). How transition paths differ:enterprise performance in Russia and China. Journal of Development Economics, 82 (2), pp. 374-392.


We use enterprise survey 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, and with ownership to a lesser extent, but not greatly correlated with industry-specific or institutional factors. However, in Russia, enterprise growth is not associated with improvements in factor quantity (except for labor) or quality. The main determinants of company performance are instead demand and institutional factors at a regional level. The findings are robust across a variety of specifications.

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Divisions: Aston Business School > Economics finance & entrepreneurship
Aston Business School
Full Text Link: ... /iza_dp1484.pdf
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Published Date: 2007-03
Authors: Bhaumik, Sumon
Estrin, S.
Estrin, Saul

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