TY  - RPRT
        AU  - Commander, Simon
AU  - Nikoloski, Zlatko
AU  - Plekhanov, Alexander
        TI  - Employment Concentration and Resource Allocation: One-Company Towns in Russia
        PY  - 2011/Oct/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 6034
        UR  - https://www.iza.org/publications/dp6034
        AB  - The paper looks at the effects of employment concentration on resource allocation with a particular focus on one-company towns in Russia defined as towns where a single company accounts for a significant share of total employment of the locality. Empirical analysis of firms' production functions indicates that companies located in one-company towns are characterised by lower marginal product of labour, higher marginal product of capital and lower overall productivity pointing towards significant labour hoarding. One-company town enterprises are also found to be financially more vulnerable. The paper argues that the dominance of natural resources in the Russian economy and employment concentration is closely linked.
        KW  - employment concentration
KW  - one-company towns
KW  - labour productivity
KW  - Russia
        ER  -