Arbeitspapier
The births, lives, and deaths of corporations in late Imperial Russia
Enterprise creation, destruction, and evolution support the transition to modern economic growth, yet these processes are poorly understood in industrializing contexts. We investigate Imperial Russia's industrial development at the firm-level by examining entry, exit, and persistence of corporations. Relying on newly developed balance sheet panel data from every active Russian corporation (N > 2500) between 1899 and 1914, we examine the characteristics of entering and exiting corporations, how new entrants evolved, and the impact of founder identity on subsequent outcomes. Russian corporations operated flexibly and competitively, conditional on overcoming distortionary institutional barriers to entry that slowed the emergence of these leading firms in the Imperial economy
- ISBN
-
978-952-323-356-0
- Sprache
-
Englisch
- Erschienen in
-
Series: BOFIT Discussion Papers ; No. 26/2020
- Klassifikation
-
Wirtschaft
Production, Pricing, and Market Structure; Size Distribution of Firms
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: Europe: Pre-1913
Economic History: Manufacturing and Construction: Europe: Pre-1913
Industrialization; Manufacturing and Service Industries; Choice of Technology
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- Thema
-
entry and exit
firm dynamics
Imperial Russia
corporations
industrialization
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gregg, Amanda
Nafziger, Steven
- Ereignis
-
Veröffentlichung
- (wer)
-
Bank of Finland, Institute for Economies in Transition (BOFIT)
- (wo)
-
Helsinki
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Gregg, Amanda
- Nafziger, Steven
- Bank of Finland, Institute for Economies in Transition (BOFIT)
Entstanden
- 2020
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