Entrepreneurship and Post-Socialist Growth

21 Pages Posted: 27 Oct 2001

See all articles by Daniel Berkowitz

Daniel Berkowitz

University of Pittsburgh - Department of Economics

David N. DeJong

University of Pittsburgh - Department of Economics

Multiple version iconThere are 3 versions of this paper

Date Written: October 2001

Abstract

A growing body of national-level survey evidence indicates that small-scale entrepreneurial activity has been an important engine of growth in post-socialist economies. Here we use a rich regional data set to obtain a statistical characterization of the relationship between entrepreneurial activity and economic growth within post-Soviet Russia. Russia is a useful laboratory for evaluating links between entrepreneurial activity and growth because of the striking variation in initial conditions, the adoption of policy reforms, and entrepreneurial activity observed across its large number of regions in the early stages of transition. Russia has also experienced striking regional variation in subsequent growth. Conditional on variations in initial conditions and policy reform measures, we find that regional entrepreneurial activity exhibits a strong and enduring relationship with subsequent growth.

JEL Classification: O4, P3, R1

Suggested Citation

Berkowitz, Daniel and Dejong, David N., Entrepreneurship and Post-Socialist Growth (October 2001). Available at SSRN: https://ssrn.com/abstract=288670 or http://dx.doi.org/10.2139/ssrn.288670

Daniel Berkowitz (Contact Author)

University of Pittsburgh - Department of Economics ( email )

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HOME PAGE: http://www.pitt.edu/~dmberk

David N. Dejong

University of Pittsburgh - Department of Economics ( email )

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United States
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