How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian Regions

Different business environments may have differential impacts. The improvement in the institutional environment and increased certainty about the future greatly impact entrepreneurial activity and business results. The reform of inspection and regulatory enforcement activities aims at improving the...

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Main Authors: Leyla Gamidullaeva, Saniyat Agamagomedova
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/11/3/100
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author Leyla Gamidullaeva
Saniyat Agamagomedova
author_facet Leyla Gamidullaeva
Saniyat Agamagomedova
author_sort Leyla Gamidullaeva
collection DOAJ
description Different business environments may have differential impacts. The improvement in the institutional environment and increased certainty about the future greatly impact entrepreneurial activity and business results. The reform of inspection and regulatory enforcement activities aims at improving the business environment, i.e., property, lawful rights, and interests against a variety of risks. Although the reform has been ongoing for several years in Russia, no systematic, independent evaluation of its efficiency and impact on the business efficiency at the meso-level of the Russian economic system has yet been implemented. The research aimed to investigate administrative barriers to business in (1) subdivisions of the Russian Federation on the example of monitoring and supervision activities of state bodies, and (2) the provision of public services. Besides, we measured the impact of administrative regulation on the effectiveness of entrepreneurial activity in the region. Findings from this research are useful in managerial practice, and for academic researchers and policymakers in emerging economies to adopt and consider to improve further the contribution of the administrative regulation institutions in regional economic development.
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spelling doaj.art-d1f8efa3d0ad43d5b8771c1d0e4543d12023-11-17T10:41:13ZengMDPI AGEconomies2227-70992023-03-0111310010.3390/economies11030100How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian RegionsLeyla Gamidullaeva0Saniyat Agamagomedova1Department of Marketing, Commerce and Service, Penza State University, 40, Krasnaya Str., 440026 Penza, RussiaInstitute of State and Law of the Russian Academy of Sciences, 119019 Moscow, RussiaDifferent business environments may have differential impacts. The improvement in the institutional environment and increased certainty about the future greatly impact entrepreneurial activity and business results. The reform of inspection and regulatory enforcement activities aims at improving the business environment, i.e., property, lawful rights, and interests against a variety of risks. Although the reform has been ongoing for several years in Russia, no systematic, independent evaluation of its efficiency and impact on the business efficiency at the meso-level of the Russian economic system has yet been implemented. The research aimed to investigate administrative barriers to business in (1) subdivisions of the Russian Federation on the example of monitoring and supervision activities of state bodies, and (2) the provision of public services. Besides, we measured the impact of administrative regulation on the effectiveness of entrepreneurial activity in the region. Findings from this research are useful in managerial practice, and for academic researchers and policymakers in emerging economies to adopt and consider to improve further the contribution of the administrative regulation institutions in regional economic development.https://www.mdpi.com/2227-7099/11/3/100administrative regulationinspectionbusiness efficiencyregion
spellingShingle Leyla Gamidullaeva
Saniyat Agamagomedova
How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian Regions
Economies
administrative regulation
inspection
business efficiency
region
title How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian Regions
title_full How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian Regions
title_fullStr How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian Regions
title_full_unstemmed How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian Regions
title_short How Administrative Regulation Institutional Factors Affect the Business Efficiency in a Region: A Case Study of Russian Regions
title_sort how administrative regulation institutional factors affect the business efficiency in a region a case study of russian regions
topic administrative regulation
inspection
business efficiency
region
url https://www.mdpi.com/2227-7099/11/3/100
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