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Performance assessment of Russian homeowners associations : The importance of being social

Author

Listed:
  • Polishchuk, Leonid
  • Borisova, Ekaterina
Abstract
Performance of Russian homeowners associations – non-profits established to manage common property in residential housing – is assessed using the stochastic frontier technique, which is a powerful tool of productivity analysis. Performance variations are explained by physical and social factors, prominent among them is the availability of social capital among tenants, required to resolve collective action problems and ensure accountability of managing bodies and outside contractors. Lack of civic capacity could be an obstacle to implementing community-governance solutions in residential housing, making homeowners associations dysfunctional or prone to capture by vested interests.

Suggested Citation

  • Polishchuk, Leonid & Borisova, Ekaterina, 2010. "Performance assessment of Russian homeowners associations : The importance of being social," MPRA Paper 28785, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:28785
    as

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    File URL: https://mpra.ub.uni-muenchen.de/28785/1/MPRA_paper_28785.pdf
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    References listed on IDEAS

    as
    1. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
    2. Borisova, Ekaterina I. & Peresetsky, Anatoly & Polishchuk, Leonid, 2010. "Stochastic frontier in non-profit associations’ performance assessment (the case of homeowners’ associations)," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 20(4), pages 75-101.
    3. repec:hal:wpspec:info:hdl:2441/8883 is not listed on IDEAS
    4. Araral Jr., Eduardo, 2009. "What Explains Collective Action in the Commons? Theory and Evidence from the Philippines," World Development, Elsevier, vol. 37(3), pages 687-697, March.
    5. Philippe Aghion & Yann Algan & Pierre Cahuc & Andrei Shleifer, 2010. "Regulation and Distrust," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(3), pages 1015-1049.
    6. DiPasquale, Denise & Glaeser, Edward L., 1999. "Incentives and Social Capital: Are Homeowners Better Citizens?," Journal of Urban Economics, Elsevier, vol. 45(2), pages 354-384, March.
    7. Guido Tabellini, 2008. "The Scope of Cooperation: Values and Incentives," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 123(3), pages 905-950.
    8. Elinor Ostrom, 2000. "Collective Action and the Evolution of Social Norms," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 137-158, Summer.
    9. repec:hal:spmain:info:hdl:2441/8883 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    homeowners associations; non-profit organizations; common property; stochastic frontier; social capital;
    All these keywords.

    JEL classification:

    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

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