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The economic power of elites, human capital, and industrial change in late Imperial Russia

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  • Malein, Viktor

Abstract

This paper studies the economic impacts of land ownership concentration among the aristocratic elite in the Russian Empire. I document that areas with a higher concentration of noble land ownership were associated with lower levels of primary education during 1880–1911. Exploring the mechanisms, I show that by controlling local governments the landed elites decreased public spending on education, shifting the financial burden to peasant households in the 1880s–1890s. I also demonstrate that the extension of school provision through a government program of schooling subsidies after 1905 led to a relatively large increase in enrollment rates in regions with high noble landownership concentration, suggesting initial underinvestment in education in these areas. Finally, the paper identifies a significant negative influence of landed elites on industrial growth and firm productivity, with up to 56% of this effect attributable to the human capital channel.

Suggested Citation

  • Malein, Viktor, 2025. "The economic power of elites, human capital, and industrial change in late Imperial Russia," Explorations in Economic History, Elsevier, vol. 97(C).
  • Handle: RePEc:eee:exehis:v:97:y:2025:i:c:s0014498325000440
    DOI: 10.1016/j.eeh.2025.101697
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    Keywords

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    JEL classification:

    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913

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