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Tekijä: | Berkowitz, D. DeJong, D.N. |
Otsikko: | Policy reform and growth in post-Soviet Russia |
Lehti: | European Economic Review
2003 : APR, VOL. 47:2, p. 337-352 |
Asiasana: | Companies Privatization Prices Liberalization Transition economies Policy Russia |
Kieli: | eng |
Tiivistelmä: | In pursuit of its transition from a command to a market economy, Russia has witnessed enormous regional differences in economic growth rates. In addition, the implementation of economic reforms has also differed markedly across regions. This paper analyzes whether regional differences in reform policies can account for regional differences in growth rates, and concludes that to considerable degree, they can. Most notably, it is found that regional differences in price liberalization policies exhibit a positive direct correspondence with growth. It is also found that regional differences in large-scale privatization exhibit a positive correspondence with the regional formation of new legal enterprises. |
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