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Russian Real Wages Before and After 1917: in Global Perspective

Author

Listed:
  • Robert Allen
  • Ekaterina Khaustova

Abstract

The paper measures real wages in St Petersburg, Moscow, and Kursk between 1853 and 1937 and compares them to real wages in Boston, Manchester, Bombay, and Cairo. Russian living standards grew little between 1853 and 1913 and were like Egypt and India. Wages in the UK and USA were 2.5 - 5 times greater. Real wages in Russia almost doubled between 1913 and 1928. When seen in a Russian perspective, this looks like a big advance; when seen internationally, it is much less so. Real wages dropped to their pre-War level between 1928 and 1937 during the industrialization drive.

Suggested Citation

  • Robert Allen & Ekaterina Khaustova, 2017. "Russian Real Wages Before and After 1917: in Global Perspective," Oxford Economic and Social History Working Papers _158, University of Oxford, Department of Economics.
  • Handle: RePEc:oxf:esohwp:_158
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    File URL: https://www.economics.ox.ac.uk/materials/working_papers/4524/158julyallen.pdf
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    References listed on IDEAS

    as
    1. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72, pages 584-584.
    2. Robert C. Allen & Jean-Pascal Bassino & Debin Ma & Christine Moll-Murata & Jan Luiten Van Zanden, 2011. "Wages, prices, and living standards in China, 1738–1925: in comparison with Europe, Japan, and India," Economic History Review, Economic History Society, vol. 64, pages 8-38, February.
    3. Arroyo Abad, Leticia & Davies, Elwyn & van Zanden, Jan Luiten, 2012. "Between conquest and independence: Real wages and demographic change in Spanish America, 1530–1820," Explorations in Economic History, Elsevier, vol. 49(2), pages 149-166.
    4. Ellman, Michael, 1975. "Did the Agricultural Surplus Provide the Resources for the Increase in Investment in the U SSR During the First Five Year Plan?," Economic Journal, Royal Economic Society, vol. 85(340), pages 844-863, December.
    5. Blackorby, Charles & Donaldson, David, 1987. "Welfare ratios and distributionally sensitive cost-benefit analysis," Journal of Public Economics, Elsevier, vol. 34(3), pages 265-290, December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Russia; real wages; economic development; inequality; revolution;

    JEL classification:

    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • N93 - Economic History - - Regional and Urban History - - - Europe: Pre-1913
    • N94 - Economic History - - Regional and Urban History - - - Europe: 1913-
    • P22 - Economic Systems - - Socialist Systems and Transition Economies - - - Prices
    • P23 - Economic Systems - - Socialist Systems and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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