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THE DIFFERENTIAL IMPACT OF CORRUPTION ON MICROENTERPRISES IN RUSSIA AgEcon
Safavian, Mehnaz S.; Sheldon, Ian M.; Graham, Douglas H.; Gonzalez-Vega, Claudio.
Over the past decade, the repressive legal and regulatory environment in transition economies has received considerable attention in the literature. In Russia, this framework has resulted in an environment in which rules and regulations govern almost all aspects of economic activity. The elaborate system of regulations with which firms must comply, in combination with a lack of accountability for regulatory enforcers, has created a corrupt cadre of government officials who frequently engage in rent-seeking behavior while monitoring and enforcing firm compliance. The objective of this paper is to investigate the manner in which corruption affects micro and small enterprises in Russia. Empirical evidence suggests that micro and small enterprises vary...
Tipo: Conference Paper or Presentation Palavras-chave: Political Economy.
Ano: 2001 URL: http://purl.umn.edu/20495
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