Determinants of Household Housing Privatization Decision in Russia

The research problem that I address in this study is why in Russia in the course of the 1990s not all tenants privatized their dwellings despite the fact that privatization was free. The research objective is to suggest the determinants of household decision to privatize their dwellings. To achieve the research objective first the privatization decision is considered in the light of alternative perspectives of bounded and unbounded rationality. Complexity of privatization decision-choice is illustrated using the Cellular Automata approach. The theoretical model is based on a trade-off between certain value of renting and uncertain value of owning. Using the results of the theoretical model, an empirical model of the privatization decision from the point of view of the household is formulated. The findings of the empirical model are that household characteristics such as education and age affect privatization decision but income does not. Higher quality dwellings are more likely to be privatized. There are also locational effects indicating that place-specific factors such as amenities, municipal policies affect privatization decision. The contribution of this study is that it offers a better understanding of the structural components of the privatization decision. It is also one of the first attempts to formally model the phenomenon of housing privatization from the point of view of the household. This research has important policy implications with respect to housing policies in Russia, and future housing privatization efforts in other countries.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Urban and Regional Planning

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Plotnikova, Maria

Contributors dc:contributor

• Kieran Donaghy

• Economics, General

Language dc:language

eng

Identifier

(MiAaPQ)AAI3131007

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/79536