Economic Rebalancing and Service Delivery Efficiency
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0
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Existing firm size and dynamics in Russia are likely to hinder
productivity and employment growth and innovation
Markets are dominated by large and old(er) firms, and these firms appear to be
bigger in size and less profitable than relevant comparators in other countries
In contrast, younger and smaller privately-owned firms, which in other countries
account for a large fraction of fast growing, innovative firms, have a low probability
of survival irrespective of productivity/efficiency levels
Size distribution of firms based on sales revenue (log)
Russia vs. Rest of ECA
Age predicts sales revenue (log)
Russia vs. Rest of ECA
Rest of ECA
Russia
5
10
15
20
Distribution of observations
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Russia
Rest of ECA
Source: Enterprise Surveys comprehensive dataset (May 2012)
IBRD IDA WORLD BANK GROUP
10
15
20
25
10
15
20
Linear prediction
95% CI
Rest of ECA
Source: Authors' calculations based on Enterprise Surveys comprehensive dataset (May 2012)
Source: World Bank, Russia Economic report, Sep 2013, based on data from United Nations, Comtrade, retrieved June 12, 2012.
THE WORLD BANK
Russia
Rest of ECA
Russia
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