Russia’s Real National Income: The Great War, Civil War, and Recovery, 1913 to 1928
AbstractWe are working towards filling the last remaining gap in the historical national accounts of Russia and the USSR in the twentieth century. The gap includes the GreatWar (1914 to 1917), the Bolshevik Revolution, the CivilWar andWar Communism (1918 to 1921), and postwar recovery under the New Economic Policy of a mixed economy (1921 to 1928). Our work builds on our predecessors and also returns to a number of original sources. We find that the economic performance of the Russian Empire in wartime was somewhat better than previously thought; that of War Communism was correspondingly worse. We confirm the persistence of losses associated with the Civil War into the postwar period, or the failure of the New Economic Policy to achieve full recovery, or some mixture of both.We conclude that the GreatWar and CivilWar produced the deepest economic trauma of Russia’s troubled twentieth century.
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Bibliographic InfoPaper provided by Center for Economic and Financial Research (CEFIR) in its series Working Papers with number w0130.
Length: 50 pages
Date of creation: Aug 2009
Date of revision:
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More information through EDIRC
Civil War; GDP; Russia; Soviet Union; World War I;
Other versions of this item:
- Markevich, Andrei & Harrison, Mark, 2009. "Russia’s Real National Income: The Great War, Civil War, and Recovery, 1913 to 1928," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics 911, University of Warwick, Department of Economics.
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
- N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rosefielde, Steven & Pfouts, Ralph W., 1995. "Neoclassical Norms and the Valuation of National Product in the Soviet Union and Its Postcommunist Successor States," Journal of Comparative Economics, Elsevier, vol. 21(3), pages 375-389, December.
- Steven Rosefielde, 2005. "Tea Leaves and Productivity: Bergsonian Norms for Gauging the Soviet Future," Comparative Economic Studies, Palgrave Macmillan, vol. 47(2), pages 259-273, June.
- Leandro Prados de la Escosura, 2013.
"World Human Development: 1870-2007,"
Working Papers, European Historical Economics Society (EHES)
0034, European Historical Economics Society (EHES).
- Prados de la Escosura, Leandro, 2013. "World Human Development: 1870-2007," CEPR Discussion Papers, C.E.P.R. Discussion Papers 9292, C.E.P.R. Discussion Papers.
- Leandro Prados de la Escosura, 2013. "World human development : 1870-2007," Working Papers in Economic History wp13-01, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
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