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  • 1
    Online Resource
    Online Resource
    Russian Volatility : Obstacle to Firm Survival and Diversification (2013)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (36 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: González, Alvaro S Russian Volatility
    Abstract: The need for economic diversification receives a great deal of attention in Russia. This paper looks at a way to improve it that is essential but largely ignored: how to help diversifying firms better survive economic cycles. By definition, economic diversification means doing new things in new sectors and/or in new markets. The fate of emerging firms, therefore, should be of great concern to policy makers. This paper indicates that the ups and downs-the volatility-of Russian economic growth are key to that fate. Volatility of growth is higher in Russia than in comparable economies because its slumps are both longer and deeper. They go beyond the cleansing effects of eliminating the least efficient firms; relatively efficient ones get swept away as well. In fact, an incumbency advantage improves a firm's chances of weathering the ups and downs of the economy, regardless of a firm's relative efficiency. Finally, firms in sectors where competition is less intense are less likely to exit the market, regardless of their relative efficiency. Two policy conclusions emerge from these findings-one macroeconomic and one microeconomic. First, the importance of countercyclical policies is heightened to include efficiency elements. Second, strengthening competition and other factors that support the survival of new, emerging and efficient firms will promote economic diversification. Efforts to help small and medium enterprises may be better spent on removing the obstacles that young, infant firms face as they attempt to enter, survive and grow
    DOI: 10.1596/1813-9450-6605
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Enforcement Capacity and the Impact of Labor Regulation : Evidence from the Russian Federation (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (31 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Gonzalez, Alvaro Enforcement Capacity and the Impact of Labor Regulation: Evidence from the Russian Federation
    Abstract: The impact of business regulations on firms could depend on how the regulations are enforced in practice. Exploiting variation in enforcement capacity across the Russian Federation's administrative regions, this paper examines whether the enforcement of restrictive regulations on hiring and firing workers affects how firms adjust employment during industry upswings and downswings. The analysis finds that the extent to which firms adjust employment upward during industry upswings and downward during downswings is smaller in regions with stronger enforcement capacity (or stricter de facto employment protection). The effect of enforcement is sizable: for example, increasing enforcement capacity from the 25th to the 75th percentile dampens employment adjustment in a downswing by 34 percent. Thus, although restrictive regulation on hiring and firing reduces the ability of firms to adjust employment, the extent to which it does so depends on enforcement
    DOI: 10.1596/1813-9450-7888
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
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    Online Resource
    MPI Ethno. Forsch.
  • 3
    Online Resource
    Online Resource
    Wider economic benefits of investments in transport corridors and the role of complementary policies (2018)
    Washington, D.C. : World Bank Group, South Asia Region, Office of the Chief Economist & Finance, Competitiveness and Innovation Global Practice
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 48 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8350
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Melecky, Martin Wider Economic Benefits of Investments in Transport Corridors and the Role of Complementary Policies
    Keywords: Infrastrukturinvestition ; Wirkungsanalyse ; Einkommen ; Privater Konsum ; Erwerbstätigkeit ; Armut ; Gleichberechtigung ; Luftverschmutzung ; Indien ; Graue Literatur
    Abstract: This paper estimates the impact of the Golden Quadrilateral and North-South-East-West Highways in India on welfare, social inclusion, and environmental quality. The analysis uses district-level data for 1994-2011 and the difference-in-difference method. The results suggest that the highways shifted employment from the farm to the nonfarm sector, and that this shift was accompanied by an increase in output per capita. However, there is no evidence of an impact on household expenditure per capita, the poverty rate, or the incidence of regular wage employment. The results suggest that the highways caused an increase in air pollution. The effects of the highways are heterogeneous, depending on conditions in local factor and product markets
    DOI: 10.1596/1813-9450-8350
    URL: Volltext  (Deutschlandweit zugänglich)
    URL: Deutschlandweit zugänglich
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
    Online Resource
    MPI Ethno. Forsch.
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