15.12.2011
Thursday
at 14.00
Alexander Plekhanov (EBRD)
Region-specific constraints to doing business: evidence from Russia
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Asel Isakova and Alexander Plekhanov
Region-specific constraints to doing business: evidence from Russia
Asel Isakova and Alexander Plekhanov
Region-specific constraints to doing business: evidence from Russia
Abstract
This paper looks at variation across Russian regions in terms of perceived constraints to
doing business using the Business Environment and Enterprise Performance Survey of
Russian firms. The analysis identifies a number of region-specific business environment
components that businesses perceive as significantly more binding constraints to their
operations compared with other regions. For several business environment components,
however, including corruption and access to finance, inter-regional differences in their
perception as constraints are insignificant. This is consistent with the view that large
observed differences in actual financial deepening across Russian regions are primarily
demand-driven.
This paper looks at variation across Russian regions in terms of perceived constraints to
doing business using the Business Environment and Enterprise Performance Survey of
Russian firms. The analysis identifies a number of region-specific business environment
components that businesses perceive as significantly more binding constraints to their
operations compared with other regions. For several business environment components,
however, including corruption and access to finance, inter-regional differences in their
perception as constraints are insignificant. This is consistent with the view that large
observed differences in actual financial deepening across Russian regions are primarily
demand-driven.
Keywords: business climate, institutions, regional policies, Russia
JEL Classification Number: O17; O43; R58
JEL Classification Number: O17; O43; R58
BOFIT seminars
The seminars are open to all economists interested in the subject areas covered.
You need to pre-register for the seminar with
Ms Noora Soikko (firstname.lastname@bof.fi, phone + 358 10 831 2268).
Seminar will be held at Rauhankatu 19, 3rd floor seminar room (arrive at the Bank's Rauhankatu 19 entrance, from where you will be escorted to the BOFIT seminar room).
The seminars are open to all economists interested in the subject areas covered.
You need to pre-register for the seminar with
Ms Noora Soikko (firstname.lastname@bof.fi, phone + 358 10 831 2268).
Seminar will be held at Rauhankatu 19, 3rd floor seminar room (arrive at the Bank's Rauhankatu 19 entrance, from where you will be escorted to the BOFIT seminar room).