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The paper explores various measures of institutional quality in Russian regions, and compares those measures to each other. Such analysis leads to the conclusion that Russian regional institutions are essentially multidimensional, and therefore comparisons of Russian regions in terms of their overall institutional quality could be problematic. New institutional indices are derived from Russian enterprise surveys held under the BEEPS project of the European Bank of Reconstruction and Development. Such indices yield economy and bureaucracy in their regions. Dynamics of regional institutional indices is investigated against the backdrop of Russia-wide institutional trends. reserved.: D73, D78, H73, H83, O17.