Barter in Russia
AbstractThe phenomenon of barter as the principal form for making domestic transactions in industry sharply distinguishes Russia from other countries with transitional economies. In recent years, barter in our economy has clearly demonstrated its stability, viability, and scope. There are a significant number of publications by both domestic and foreign authors that are devoted to the theoretical interpretation of this phenomenon, its origins and consequences, and methods of overcoming it.>sup>1>/sup> Approaches to the explanation of barter are influenced by virtually all the principal areas of contemporary economic theoryâneoclassical macroeconomics, which relegates the main role in the appearance of barter to the factors of inflation, monetization, and interest rate levels; neoclassical microeconomics, which considers the quantitative aspects of barter exchange from the standpoint of the principles of maximizing profits through the selection of the price and volume-product mix policies of enterprises in the barter and monetary markets; neoinstitutional approaches, which focus attention on the contract and informal aspects of the realization of barter; evolutionary approaches, which consider barter as a form of vital activity of the population of enterprises forced to adapt to changing conditions (the demonetization of the country under this approach could be likened to a drastic reduction in one of the resources in the environment essential to the life of organisms in the given population). Statistical research on barter and other nonpayment versions of transactions is also reflected in the literature.>sup>2>/sup> The fundamentals of mathematical modeling of barter situations had already been propounded in works of the 1970s and 1980s.>sup>3>/sup> Essentially, in the context of economic science on transformation processes, a certain direction took shape, which could be called "barterology." In view of this, it is difficult to agree with P. Karpov that "a science of commodity exchange operations does not exist.">sup>4>/sup>
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Problems of Economic Transition.
Volume (Year): 42 (2000)
Issue (Month): 11 (March)
Contact details of provider:
Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106047
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Guriev, Sergei & Makarov, Igor & Maurel, Mathilde, 2001.
"Debt Overhang and Barter in Russia,"
CEPR Discussion Papers
2686, C.E.P.R. Discussion Papers.
- Guriev, Sergei & Kvassov, Dmitri, 2004.
"Barter for price discrimination,"
International Journal of Industrial Organization,
Elsevier, vol. 22(3), pages 329-350, March.
- Ponomareva, Maria & Zhuravskaya, Ekaterina, 2004. "Federal Tax Arrears in Russia: Liquidity Problems, Federal Redistribution or Russian Resistance?," CEPR Discussion Papers 4267, C.E.P.R. Discussion Papers.
- Ivan Samson & Patrick Ternaux, 2008. "Innovative Economic Behaviour in Russia: the Case of Labour Markets," Journal of Innovation Economics, De Boeck Université, vol. 0(1), pages 63-85.
- Sergei Guriev & Dmitry Kvassov, 2000. "Price Discrimination Through Barter: A Theory and Evidence from Russia," Econometric Society World Congress 2000 Contributed Papers 0397, Econometric Society.
- Kim, Byung-Yeon & Pirttila, Jukka, 2004.
"Money, barter, and inflation in Russia,"
Journal of Comparative Economics,
Elsevier, vol. 32(2), pages 297-314, June.
- Kim, Byung-Yeon & Pirttilä, Jukka & Rautava, Jouko, 2001. "Money, Barter and Inflation in Russia," BOFIT Discussion Papers 15/2001, Bank of Finland, Institute for Economies in Transition.
- Byung-Yeon Kim & Jukka Pirttilä & Jouko Rautava, 2002. "Money, Barter and Inflation in Russia," Macroeconomics 0209009, EconWPA.
- Vlad Ivanenko & Dmitry Mikheyev, 2002. "The Role of Non-monetary Trade in Russian Transition," Post-Communist Economies, Taylor and Francis Journals, vol. 14(4), pages 405-419.
- Fleischman, Gary & Herz, Paul, 2005. "An empirical investigation of trends in barter activity in the Russian Federation," The International Journal of Accounting, Elsevier, vol. 40(1), pages 39-63.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.