{"title":"公司与伙伴关系:帝国晚期俄罗斯的工厂生产力","authors":"","doi":"10.1016/j.eeh.2024.101621","DOIUrl":null,"url":null,"abstract":"<div><p>Using factory-level data from an official manufacturing census, I examine productivity among two forms of enterprise in the Russian Empire from around 1908. I find that despite having 60 times more financial capital, factories owned by corporations did not outperform those owned by ordinary and limited partnerships. Although corporations were more mechanized per worker, both enterprise forms attained equal capital and labor productivity and total factor productivity. Corporations attained higher labor productivity than partnerships only in the metals and machinery industry. These findings suggest that Russian factories used the corporate form's unique advantages in a rather limited way: to build larger factories and undertake larger projects, but not to enhance productivity beyond the level of the partnership form. I also find that there were fewer accidents per worker at partnership-owned factories than at corporations.</p></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":null,"pages":null},"PeriodicalIF":2.6000,"publicationDate":"2024-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Corporations and partnerships: Factory productivity in late Imperial Russia\",\"authors\":\"\",\"doi\":\"10.1016/j.eeh.2024.101621\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>Using factory-level data from an official manufacturing census, I examine productivity among two forms of enterprise in the Russian Empire from around 1908. I find that despite having 60 times more financial capital, factories owned by corporations did not outperform those owned by ordinary and limited partnerships. Although corporations were more mechanized per worker, both enterprise forms attained equal capital and labor productivity and total factor productivity. Corporations attained higher labor productivity than partnerships only in the metals and machinery industry. These findings suggest that Russian factories used the corporate form's unique advantages in a rather limited way: to build larger factories and undertake larger projects, but not to enhance productivity beyond the level of the partnership form. I also find that there were fewer accidents per worker at partnership-owned factories than at corporations.</p></div>\",\"PeriodicalId\":47413,\"journal\":{\"name\":\"Explorations in Economic History\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":2.6000,\"publicationDate\":\"2024-08-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Explorations in Economic History\",\"FirstCategoryId\":\"98\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0014498324000470\",\"RegionNum\":1,\"RegionCategory\":\"历史学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Explorations in Economic History","FirstCategoryId":"98","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0014498324000470","RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Corporations and partnerships: Factory productivity in late Imperial Russia
Using factory-level data from an official manufacturing census, I examine productivity among two forms of enterprise in the Russian Empire from around 1908. I find that despite having 60 times more financial capital, factories owned by corporations did not outperform those owned by ordinary and limited partnerships. Although corporations were more mechanized per worker, both enterprise forms attained equal capital and labor productivity and total factor productivity. Corporations attained higher labor productivity than partnerships only in the metals and machinery industry. These findings suggest that Russian factories used the corporate form's unique advantages in a rather limited way: to build larger factories and undertake larger projects, but not to enhance productivity beyond the level of the partnership form. I also find that there were fewer accidents per worker at partnership-owned factories than at corporations.
期刊介绍:
Explorations in Economic History provides broad coverage of the application of economic analysis to historical episodes. The journal has a tradition of innovative applications of theory and quantitative techniques, and it explores all aspects of economic change, all historical periods, all geographical locations, and all political and social systems. The journal includes papers by economists, economic historians, demographers, geographers, and sociologists. Explorations in Economic History is the only journal where you will find "Essays in Exploration." This unique department alerts economic historians to the potential in a new area of research, surveying the recent literature and then identifying the most promising issues to pursue.