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Factors of Individual Demand for Government Price Control: Analysis of RLMS Data (Center for Institutional Studies Research Seminar)


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Speaker: Sergiy Polyachenko (Junior Research Fellow at Center for Institutional Studies, M.Sc. in Economic)

Co-author: Maxim V. Bryukhanov (Junior Research Fellow at Center for Institutional Studies, C.Sc. in Economics)

March 12, ThursdayMyasnitskaya 24, building 3, room 424, 17.30. 

In this paper we provide empirical analysis (based on the 22nd wave of RLMS data) of individual demand for government price regulation link with individual characteristics such as trust to private and government enterprises, gender, age, education, wealth, economic expectations and family characteristics. Employing statistical methods of means difference analysis, ordered and linear regressions we show that difference in trust to private and state owned enterprises, wealth, confidence in future increase in wealth state (factor of economic expectations) and level of education are in the inverse interdependency with the level of demand for government price regulation. We documented the lowest level of demand for government price regulation for the age cohort of 15-30 years old. Our results are in line with results of contemporary studies in the field and contribute to the existing literature with analysis of wider set of questions concerning government price regulation and the recent data from Russia.


Working paper: download