Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features
The paper evaluates the effectiveness of joint and domestic companies using ROA (operational efficiency) and DEA (technical efficiency) methodologies. The technical efficiency was estimated in two ways: according to the classical scheme and taking into account spillover effects. The study was based...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Russian |
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Economic Research Institute of the Far East Branch of the Russian Academy of Sciences
2015-06-01
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| Series: | Prostranstvennaâ Èkonomika |
| Subjects: | |
| Online Access: | http://spatial-economics.com/eng/images/spatial-econimics/2_2015/SE.2015.2.047-063.Fedorova.pdf |
| _version_ | 1811248356986454016 |
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| author | Elena Anatolyevna Fedorova Bella Kemalovna Korkmazova Maxim Alexandrovich Muratov |
| author_facet | Elena Anatolyevna Fedorova Bella Kemalovna Korkmazova Maxim Alexandrovich Muratov |
| author_sort | Elena Anatolyevna Fedorova |
| collection | DOAJ |
| description | The paper evaluates the effectiveness of joint and domestic companies using ROA (operational efficiency) and DEA (technical efficiency) methodologies. The technical efficiency was estimated in two ways: according to the classical scheme and taking into account spillover effects. The study was based on statements of Russian companies (23 567 joint enterprises and 14 653 companies without FDI) for the period of 2008-2012. The authors used RusLana resource to get following information: balance sheets, profit and loss statements, capital structure, number of employees and regional affiliation. The study found that joint companies usually operate more effectively than domestic ones. The authors also conclude that the crisis has not caused severe damages to the average effectiveness by industries. More than that, Russian economy has positive horizontal and vertical FDI spillover effects which increase as time goes by. In 2012 the most efficient joint companies (in terms of technical efficiency) belonged to the following industries: coke and petroleum production, chemical industry and metallurgy. The most ineffective ones included following: wholesale and retail trade, machinery and equipment production and agriculture |
| first_indexed | 2024-04-12T15:26:39Z |
| format | Article |
| id | doaj.art-08bcbf8e6f8f46d7bc70efac958b23d8 |
| institution | Directory Open Access Journal |
| issn | 1815-9834 2587-5957 |
| language | Russian |
| last_indexed | 2024-04-12T15:26:39Z |
| publishDate | 2015-06-01 |
| publisher | Economic Research Institute of the Far East Branch of the Russian Academy of Sciences |
| record_format | Article |
| series | Prostranstvennaâ Èkonomika |
| spelling | doaj.art-08bcbf8e6f8f46d7bc70efac958b23d82022-12-22T03:27:15ZrusEconomic Research Institute of the Far East Branch of the Russian Academy of SciencesProstranstvennaâ Èkonomika1815-98342587-59572015-06-012476310.14530/se.2015.2.047-063Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific FeaturesElena Anatolyevna Fedorova0Bella Kemalovna Korkmazova1Maxim Alexandrovich Muratov2Financial University under the Government of the Russian Federation, Financial Management DepartmentFinancial University under the Government of the Russian Federation, Financial Management DepartmentFinancial University under the Government of the Russian Federation, Financial Management DepartmentThe paper evaluates the effectiveness of joint and domestic companies using ROA (operational efficiency) and DEA (technical efficiency) methodologies. The technical efficiency was estimated in two ways: according to the classical scheme and taking into account spillover effects. The study was based on statements of Russian companies (23 567 joint enterprises and 14 653 companies without FDI) for the period of 2008-2012. The authors used RusLana resource to get following information: balance sheets, profit and loss statements, capital structure, number of employees and regional affiliation. The study found that joint companies usually operate more effectively than domestic ones. The authors also conclude that the crisis has not caused severe damages to the average effectiveness by industries. More than that, Russian economy has positive horizontal and vertical FDI spillover effects which increase as time goes by. In 2012 the most efficient joint companies (in terms of technical efficiency) belonged to the following industries: coke and petroleum production, chemical industry and metallurgy. The most ineffective ones included following: wholesale and retail trade, machinery and equipment production and agriculturehttp://spatial-economics.com/eng/images/spatial-econimics/2_2015/SE.2015.2.047-063.Fedorova.pdfforeign direct investmentindustryoperational efficiencytechnical efficiencydata envelopment analysisspillover effectRussia |
| spellingShingle | Elena Anatolyevna Fedorova Bella Kemalovna Korkmazova Maxim Alexandrovich Muratov Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features Prostranstvennaâ Èkonomika foreign direct investment industry operational efficiency technical efficiency data envelopment analysis spillover effect Russia |
| title | Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features |
| title_full | Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features |
| title_fullStr | Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features |
| title_full_unstemmed | Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features |
| title_short | Assesing the Effectiveness of Joint Companies in Russia: Industry-Specific Features |
| title_sort | assesing the effectiveness of joint companies in russia industry specific features |
| topic | foreign direct investment industry operational efficiency technical efficiency data envelopment analysis spillover effect Russia |
| url | http://spatial-economics.com/eng/images/spatial-econimics/2_2015/SE.2015.2.047-063.Fedorova.pdf |
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