- Consulting Editors
- Modernization and the Russian Economy: Three Hundred Years of Catching Up
- Command Economy and its Legacy
- Russia’s Economic Transformation
- Transformational Recession
- Growth Trends in Russia After 1998
- Institutional Performance
- Corporate Governance in Russia
- The Russian Tax System
- The Unofficial Economy in Russia
- Russian Corruption
- Russia’s Dependence on Resources
- The Russian Oil Sector
- The Russian Natural Gas Sector
- The Russian Electricity Market: Variants of Development
- The Economics of Mineral Resources
- The Challenge of Reforming Environmental Regulation in Russia
- Economics of the Military-Industrial Complex
- Science, High-Tech Industries, and Innovation
- Blame the Switchman? Russian Railways Restructuring After Ten Years
- Russian Agriculture and Transition
- Russian Banking as an Active Volcano
- Financial and Credit Markets
- Russian Trade and Foreign Direct Investment Policy at the Crossroads
- Economic Geography of Russia
- Russian Fiscal Federalism: Impact of Political and Fiscal (De)centralization
- Regional Challenges: the Case of Siberia
- Labor Market Adjustment: is Russia Different?
- Higher Education Reform and Access to College in Russia
- Russia’s Health Care System: Difficult Path of Reform
- Poverty and Inequality in Russia
- Recent Demographic Developments in the Russian Federation
Abstract and Keywords
We replicate, update, and extend earlier work on manufacturing enterprise privatization and productivity in Russia. Our results suggest a more nuanced view of privatization than that previously offered. We confirm findings that the average impact on productivity of privatization to domestic owners is around –3 to –5 percent, though some regions show positive productivity gains of similar magnitude to those in Central Europe. The regional variation is positively associated with the size of the regional bureaucracy. Notwithstanding the average negative effect, our updated results show a pronounced change after 2002 as the productivity effects of Russian privatization have begun to approach those seen elsewhere much earlier. Privatization became most effective west of the Urals, in areas with greater market access. Initially an outlier, by 2005 Russia appeared to be becoming more of a normal country, at least in the narrow sense of the impact of private ownership on firm productivity.
J. David Brown is a Research Fellow at the Institute for the Study of Labor (IZA). He conducts research on privatization, productivity dynamics, and entrepreneurship.
John S. Earle is a Professor of Public Policy at George Mason University in Fairfax, and a Professor of Economics at the Central European University (CEU) in Budapest, Hungary. His research interests include firm performance, productivity dynamics, and the consequences of restructuring for workers, as well as various topics in labor, transition, and development economics.
Scott Gelbach is a Professor of Political Science at the University of Wisconsin in Madison, and a Senior Research Fellow at the International Center for the Study of Institutions and Development in the National Research University Higher School of Economics, Moscow. A specialist in Russia, his research interests center on the study of economic reform and other questions in political economy.
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