Showing 1 - 10 of 20
institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … effective for innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract …
Persistent link: https://www.econbiz.de/10010928613
institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract enforcement. A …
Persistent link: https://www.econbiz.de/10005677512
This paper proposes a composite measure to evaluate a firm's survival potential. The composite measure is applied to 51 Russian firms located in Moscow, Volgograd, Rostov and Taganrog, utilizing data collected in 1995 from in-depth interviews with top-level managers of manufacturing, trade, and...
Persistent link: https://www.econbiz.de/10005784767
Are Russian firms being allowed to clean the slate with respect to the Soviet legacy of obsolete capital stock? If estimates of capital productivity and firm-level efficiency in Soviet industry are correct, enterprise managers in Russia's emerging market economy will lobby for high depreciation...
Persistent link: https://www.econbiz.de/10005784787
Using data collected from a panel of 6,205 civilian manufacturing firms located in the Central, Volga, North Caucasus, Northern and Western Siberian regions of Russia, this paper examines the hypotheses that in the first stage of the transition process (1) Russian industry exhibited a low labor...
Persistent link: https://www.econbiz.de/10005652629
This paper examines within-industry variation in labor productivity at the beginning of Russia's transition process in 1992, as well as regional variation in the percentage of firms that exhibit below industry average labor productivity. The main hypothesis is that industries and regions where a...
Persistent link: https://www.econbiz.de/10005677504
This paper examines the nature and scope of enterprise restructuring in Russia using two sources of firm-level data. The first involves a panel of over 2,000 civilian manufacturing firms in Moscow, Tver, Volgograd, Rostov, and Novosibirsk. The second involves data collected from a series of...
Persistent link: https://www.econbiz.de/10005677588
The transition from a command economy in the FSU resulted in increased activities in the informal sector. However despite prevalent delays in wage payments many workers were still observed to be working full-time in the formal sector. Here a model of workers' labour supply decisions incorporates...
Persistent link: https://www.econbiz.de/10011125949
In the Former Soviet Union, the early 1990s were characterized by large falls in GDP and small changes to already low unemployment. The slow adjustment to unemployment was a result of employers using various means to maintain employment levels, including; extended periods of unpaid leave,...
Persistent link: https://www.econbiz.de/10011126101
How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...
Persistent link: https://www.econbiz.de/10005207903