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Effects of Institutional Differences on Economic Growth

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  • A. A. Blokhin

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— This article builds on the concept of institutional differences and the related concept of institutional rent in the context of the multitier Russian economy discussed in [1]. The analysis introduces three groups of sectors: giant, large, and other Russian companies. The boundaries between the sectors are fuzzy. This article seeks neither to analyze the quantitative characteristics of their activity nor to assess the significance of institutional differences and institutional rent for economic growth. No recommendations are given as to how to address the negative effects of the existing institutional trap. In this context, the aim of this article is to identify approaches to solving the listed problems.

Suggested Citation

  • A. A. Blokhin, 2019. "Effects of Institutional Differences on Economic Growth," Studies on Russian Economic Development, Springer, vol. 30(5), pages 490-497, September.
    • Handle: RePEc:spr:sorede:v:30:y:2019:i:5:d:10.1134_s1075700719050046
    DOI: 10.1134/S1075700719050046
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    1. A. A. Blokhin, 2019. "Institutional Rent in a Multilevel Economy," Studies on Russian Economic Development, Springer, vol. 30(4), pages 376-383, July.
    2. Polterovich, Victor, 2007. "Institutional Trap," MPRA Paper 20595, University Library of Munich, Germany.
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    Cited by:

    1. D. B. Kuvalin & Yu. V. Zinchenko & P. A. Lavrinenko, 2021. "Russian Enterprises in the Spring 2020: Covid-19 Pandemic Reactions and Opinions on the Role of the State in the Economy," Studies on Russian Economic Development, Springer, vol. 32(1), pages 111-122, January.

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