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The fiscal background of the Russian revolution

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  • DEMPSTER, GREGORY M.

Abstract

This article examines important aspects of the interaction between the fiscal history and political events of tsarist Russia's final years in the light of macroeconomic theories of government budget constraints. Using econometric tests of intertemporal stability and techniques of intervention analysis, I find that tsarist Russia had achieved a sustainable peacetime balance in its fiscal relations by the eve of World War I, but that this balance was lost under the strain of wartime financial difficulty.

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  • Dempster, Gregory M., 2006. "The fiscal background of the Russian revolution," European Review of Economic History, Cambridge University Press, vol. 10(1), pages 35-50, April.
    • Handle: RePEc:cup:ereveh:v:10:y:2006:i:01:p:35-50_00
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    Cited by:

    1. Ekaterina Zhuravskaya & Sergei Guriev & Andrei Markevich, 2024. "New Russian Economic History," Journal of Economic Literature, American Economic Association, vol. 62(1), pages 47-114, March.
    2. Javier L. Arnaut, 2017. "Was Colonialism Fiscally Sustainable? An Empirical Examination of the Colonial Finances of Spanish America," Documentos de Trabajo (DT-AEHE) 1703, Asociación Española de Historia Económica.
    3. Harrison, Mark & Markevich, Andrei, 2012. "Russia’s Home Front, 1914-1922: The Economy," CAGE Online Working Paper Series 74, Competitive Advantage in the Global Economy (CAGE).

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