Factory Productivity and the Concession System of Incorporation in Late Imperial Russia, 1894–1908
In Imperial Russia, incorporation required an expensive special concession, yet over 4,000 Russian firms incorporated before 1914. I identify the characteristics of incorporating firms and measure the productivity gains and growth in machine power enjoyed by corporations using newly-constructed fact...
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| Veröffentlicht in: | The American economic review 2020-02, Vol.110 (2), p.401-427 |
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| Format: | Artikel |
| Sprache: | eng |
| Online-Zugang: | Volltext |
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