Arbeitspapier
Employment concentration and resource allocation: One-company towns in Russia
The paper looks at the effects of employment concentration on resource allocation with a particular focus on one-company towns in Russia defined as towns where a single company accounts for a significant share of total employment of the locality. Empirical analysis of firms' production functions indicates that companies located in one-company towns are characterised by lower marginal product of labour, higher marginal product of capital and lower overall productivity pointing towards significant labour hoarding. One-company town enterprises are also found to be financially more vulnerable. The paper argues that the dominance of natural resources in the Russian economy and employment concentration is closely linked.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 6034
- Classification
-
Wirtschaft
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Monopsony; Segmented Labor Markets
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
- Subject
-
employment concentration
one-company towns
labour productivity
Russia
Arbeitsmarkt
Beschäftigung
Unternehmenskonzentration
Regionales Cluster
Stadt
Russland
- Event
-
Geistige Schöpfung
- (who)
-
Commander, Simon
Nikoloski, Zlatko
Plekhanov, Alexander
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2011
- Handle
- URN
-
urn:nbn:de:101:1-201110263788
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Commander, Simon
- Nikoloski, Zlatko
- Plekhanov, Alexander
- Institute for the Study of Labor (IZA)
Time of origin
- 2011