Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/212714 
Authors: 
Year of Publication: 
2011
Series/Report no.: 
BOFIT Discussion Papers No. 26/2011
Publisher: 
Bank of Finland, Institute for Economies in Transition (BOFIT), Helsinki
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.
Subjects: 
urban land
property rights
Russia
JEL: 
K11
L6
P26
P31
R33
Persistent Identifier of the first edition: 
ISBN: 
978-952-462-721-4
Document Type: 
Working Paper

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