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Entrepreneurship and Post‐socialist Growth

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  • Daniel Berkowitz
  • David N. DeJong

Abstract

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, regional entrepreneurial activity exhibits a statistically and quantitatively significant relationship with subsequent economic growth.

Suggested Citation

  • Daniel Berkowitz & David N. DeJong, 2005. "Entrepreneurship and Post‐socialist Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 67(1), pages 25-46, February.
    • Handle: RePEc:bla:obuest:v:67:y:2005:i:1:p:25-46
    DOI: 10.1111/j.1468-0084.2005.00108.x
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    More about this item

    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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