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The Unequal Enforcement of Liberalization
其他書名
Evidence from Russia's Reform of Business Regulation
出版SSRN, 2011
URLhttp://books.google.com.hk/books?id=lf_fzwEACAAJ&hl=&source=gbs_api
註釋We document unequal enforcement of liberalization reform of business regulation across Russian regions with different governance institutions which lead to unequal effects of liberalization. The enforcement of national liberalization laws was better in subnational regions with more transparent government, better informed population, closer monitoring by powerful industrial lobbies, and stronger fiscal autonomy. As a result, in better regions in terms of governance institutions, liberalization had a substantial positive effect on performance of small firms and growth of official small business sector. In contrast, in worse regions, we observe no effect of reform and, in some cases, even a negative effect.