The ownership of industrial land in Russian cities : Explaining patterns of privatization across regions and firms

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dc.contributor Bank of Finland Pyle, William 2014-09-22T08:00:18Z 2014-09-22T08:00:18Z 2011
dc.identifier.issn 1456-5889
dc.description.abstract The voluminous literature on the privatization of Russian industry overlooks, almost completely, the story of enterprise land rights - a story that does not jibe well with the standard narrative of post-Soviet reform. This paper explains the path that has led to significant inter-regional variation in the ownership status of lands underneath urban industrial enterprises. It then introduces unique data from a survey of 359 large industrial firms across several dozen of Russia's largest cities to explore why some firms have purchased their production plots whereas others continue to lease or hold these lands under the old Soviet system of tenure. In exploring both inter-regional and inter-firm variation in land rights, we find evidence consistent with the proposition that the decisions of regional officials and (the managers and owners of) firms are guided by securing rights over real estate rents. Keywords: urban land, property rights, Russia JEL codes: K11, L6, P26, P31, R33
dc.format.extent 40 s.
dc.language.iso eng
dc.relation.ispartofseries BOFIT Discussion Papers
dc.subject Venäjä
dc.subject kiinteistöt
dc.subject omistus
dc.subject alueet
dc.subject teollisuus
dc.subject yritykset
dc.subject vuokrat
dc.subject SP
dc.subject Bofit-kokoelma
dc.subject RP ST
dc.subject RP
dc.subject teollisuusmaa
dc.subject maa
dc.subject liiketontit
dc.title The ownership of industrial land in Russian cities : Explaining patterns of privatization across regions and firms
dc.type Sarjajulkaisu
dc.identifier.urn URN:NBN:fi:bof-201408072146
dc.subject.jel K11
dc.subject.jel P26
dc.subject.jel P31
dc.subject.jel R33 BOFIT Discussion Papers
dc.series.year 2011
dc.series.number 26/2011
dc.series.sortingnumber 26 18.10.2011
dc.contributor.orgunit Institute for Economies in Transition (BOFIT)

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