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Russian Real Wages Before and After 1917: in Global Perspective

Author

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  • Robert C. Allen
  • Ekaterina Khaustova

    (Division of Social Science)

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.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Robert C. Allen & Ekaterina Khaustova, 2017. "Russian Real Wages Before and After 1917: in Global Perspective," Working Papers 20170003, New York University Abu Dhabi, Department of Social Science, revised May 2017.
    • Handle: RePEc:nad:wpaper:20170003
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    File URL: https://nyuad.nyu.edu/content/dam/nyuad/academics/divisions/social-science/working-papers/2017/0003.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Allen, Robert C., 2011. "Global Economic History: A Very Short Introduction," OUP Catalogue, Oxford University Press, number 9780199596652.
    3. Stephen Broadberry & Bishnupriya Gupta, 2006. "The early modern great divergence: wages, prices and economic development in Europe and Asia, 1500–1800," Economic History Review, Economic History Society, vol. 59(1), pages 2-31, February.
    4. Allen, Robert, 2001. "2000 Economic History Association Annual Meeting," The Journal of Economic History, Cambridge University Press, vol. 61(02), pages 532-535, June.
    5. Allen,Robert C., 2009. "The British Industrial Revolution in Global Perspective," Cambridge Books, Cambridge University Press, number 9780521868273.
    6. Allen, Robert C., 2001. "The Great Divergence in European Wages and Prices from the Middle Ages to the First World War," Explorations in Economic History, Elsevier, vol. 38(4), pages 411-447, October.
    7. 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.
    8. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72(6), pages 584-584.
    9. 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.
    10. 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.
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    Cited by:

    1. Michail Moatsos, 2021. "Long run trails of poverty, 1925–2010," Empirical Economics, Springer, vol. 61(5), pages 2797-2825, November.
    2. Robert C. Allen, 2017. "Absolute Poverty: When Necessity Displaces Desire," American Economic Review, American Economic Association, vol. 107(12), pages 3690-3721, December.
    3. Robert C. Allen, 2017. "Absolute Poverty: When Necessity Displaces Desire REVISED," Working Papers 20170005, New York University Abu Dhabi, Department of Social Science, revised Jun 2017.
    4. Allen, Robert C. & Khaustova, Ekaterina, 2019. "Russian real wages before and after 1917," Explorations in Economic History, Elsevier, vol. 72(C), pages 23-37.

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    More about this item

    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 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Prices
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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