Institutional Determinants of New Firm Entry in Russia: A Cross Regional Analysis

Bruno, Randolph Luca ; Bytchkova, Maria ; Estrin, Saul (2008) Institutional Determinants of New Firm Entry in Russia: A Cross Regional Analysis. Bologna: Dipartimento di Scienze economiche DSE, p. 25. DOI 10.6092/unibo/amsacta/4596. In: Quaderni - Working Paper DSE (650). ISSN 2282-6483.
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Abstract

We analyse a three-year panel data set of Russian firms spanning from 2000 to 2002 and we investigate the effect of regional institutional and economic factors on entry rates across time, industries and regions. The paper builds on a novel database and exploits inter-regional variation in a large number of institutional variables. We find entry rates in Russia are not especially low by international standards and are correlated with natural entry rates, institutions and firm size. Furthermore, industries that - for scale and technological reasons - are characterised by higher entry rates will experience lower entry within regions affected by higher business risk. In other words industries that naturally have low entry barriers are most affected by business constraints.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Bruno, Randolph Luca
Bytchkova, Maria
Estrin, Saul
Keywords
Entry Rate, Business Environment, Tobit Model
Subjects
ISSN
2282-6483
DOI
Deposit date
15 Feb 2016 14:08
Last modified
15 Feb 2016 14:08
URI

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