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http://hdl.handle.net/10419/58964
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| Title: | | Employment concentration and resource allocation: One-company towns in Russia  |
| Authors: | | Commander, Simon Nikoloski, Zlatko Plekhanov, Alexander |
| Issue Date: | | 2011 |
| Series/Report no.: | | Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6034 |
| Abstract: | | 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. |
| Subjects: | | employment concentration one-company towns labour productivity Russia |
| JEL: | | D24 J42 R23 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-201110263788 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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