How transition paths differ: enterprise performance in Russia and China

Sumon Bhaumik, S. Estrin, Saul Estrin

Research output: Contribution to journalArticlepeer-review


We use enterprise survey data to analyse and contrast the determinants of enterprise performance in China and Russia. We find that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, and with ownership to a lesser extent, but not greatly correlated with industry-specific or institutional factors. However, in Russia, enterprise growth is not associated with improvements in factor quantity (except for labor) or quality. The main determinants of company performance are instead demand and institutional factors at a regional level. The findings are robust across a variety of specifications.

Original languageEnglish
Pages (from-to)374-392
Number of pages19
JournalJournal of Development Economics
Issue number2
Publication statusPublished - Mar 2007


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