Russia: Firm Entry and Survival Barriers

Posted: 17 Dec 2007

See all articles by Ruta Aidis

Ruta Aidis

University College London; University of Amsterdam - Faculty of Economics and Business (FEB)

Yuko Adachi

affiliation not provided to SSRN

Abstract

Why are there so few new firms in Russia? This paper provides further insights into the specific Russian business landscape and how it impacts the low level of new firm entry. As this paper indicates, internationally comparative data do not provide many clues, since in terms of purely formal constraints Russia fares comparatively well. However, a deeper analysis uncovers the informal impediments associated with the lack of rule of law, inconsistent enforcement of regulations, regional autonomy and pervasive corruption. These informal constraints form impediments not only for new firm creation but also for firm survival and firm exit.

Keywords: Russia, Firm entry, Enterprise development, Enterprise barriers

JEL Classification: P30, P4, M13

Suggested Citation

Aidis, Ruta and Adachi, Yuko, Russia: Firm Entry and Survival Barriers. Economic Systems, Vol. 31, No. 4, 2007, Available at SSRN: https://ssrn.com/abstract=1075122

Ruta Aidis (Contact Author)

University College London ( email )

Gower Street
London
United Kingdom

University of Amsterdam - Faculty of Economics and Business (FEB) ( email )

Roetersstraat 11
Amsterdam, 1018 WB
Netherlands
+ 31 20 525 4011 (Phone)
+ 31 20 525 4254 (Fax)

Yuko Adachi

affiliation not provided to SSRN ( email )

No Address Available

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