The Resource Was Stalin necessary for Russia's economic development?, Anton Cheremukhin, Mikhail Golosov, Sergei Guriev and Aleh Tsyvinski, (electronic resource)

Was Stalin necessary for Russia's economic development?, Anton Cheremukhin, Mikhail Golosov, Sergei Guriev and Aleh Tsyvinski, (electronic resource)

Label
Was Stalin necessary for Russia's economic development?
Title
Was Stalin necessary for Russia's economic development?
Statement of responsibility
Anton Cheremukhin, Mikhail Golosov, Sergei Guriev and Aleh Tsyvinski
Creator
Contributor
Author
Subject
Language
eng
Summary
This paper studies structural transformation of Soviet Russia in 1928-1940 from an agrarian to an industrial economy through the lens of a two-sector neoclassical growth model. We construct a large dataset that covers Soviet Russia during 1928-1940 and Tsarist Russia during 1885-1913. We use a two-sector growth model to compute sectoral TFPs as well as distortions and wedges in the capital, labor and product markets. We find that most wedges substantially increased in 1928-1935 and then fell in 1936-1940 relative to their 1885-1913 levels, while TFP remained generally below pre-WWI trends. Under the neoclassical growth model, projections of these estimated wedges imply that Stalin's economic policies led to welfare loss of -24 percent of consumption in 1928-1940, but a +16 percent welfare gain after 1941. A representative consumer born at the start of Stalin's policies in 1928 experiences a reduction in welfare of -1 percent of consumption, a number that does not take into account additional costs of political repression during this time period. We provide three additional counterfactuals: comparison with Japan, comparison with the New Economic Policy (NEP), and assuming alternative post-1940 growth scenarios
Member of
Cataloging source
GZM
http://library.link/vocab/creatorName
Cheremukhin, A.
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Golosov, Mikhail
  • Guriev, S. M.
  • Tsyvinski, Aleh
  • Centre for Economic Policy Research (Great Britain)
Series statement
  • Discussion paper series,
  • Development economics
  • Economic history
  • Public policy
Series volume
no. 9669
http://library.link/vocab/subjectName
  • Stalin, Joseph
  • Industrialization
  • Soviet Union
  • Russia
  • Soviet Union
Label
Was Stalin necessary for Russia's economic development?, Anton Cheremukhin, Mikhail Golosov, Sergei Guriev and Aleh Tsyvinski, (electronic resource)
Link
http://www.cepr.org.ezproxy.eui.eu/content/discussion-papers
Instantiates
Publication
Note
  • "September 2013."
  • "Submitted 23 September 2013."
Bibliography note
Includes bibliographical references (pages 52-55)
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17472027
Extent
1 online resource (62 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia.
Media type code
c
Other physical details
illustrations.
Specific material designation
remote
System control number
(OCoLC)859270250
Label
Was Stalin necessary for Russia's economic development?, Anton Cheremukhin, Mikhail Golosov, Sergei Guriev and Aleh Tsyvinski, (electronic resource)
Link
http://www.cepr.org.ezproxy.eui.eu/content/discussion-papers
Publication
Note
  • "September 2013."
  • "Submitted 23 September 2013."
Bibliography note
Includes bibliographical references (pages 52-55)
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17472027
Extent
1 online resource (62 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia.
Media type code
c
Other physical details
illustrations.
Specific material designation
remote
System control number
(OCoLC)859270250

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