• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

Article

Determinants of governmental support of Russian companies: lessons on industrial policy, rent-seeking and corruption

Constitutional Political Economy. 2019. Vol. 30. No. 4. P. 438-466.

The Russian government has programs to assist Russian companies with financial and organizational support.  Award of procurement contracts may also serve as assistance to companies.  This paper uses data from a survey of Russian companies to draw inferences about the motivation behind the choice of recipients. Possible motivations are an intent to foster economic development, successful rent-seeking by recipients or simply corruption. The evidence is mixed.  There is support for both the economic development motive and rent-seeking in the analysis of financial and organizational support.  A role for corruption is most evident in the procurement contract results.