Great War, Civil War, and Recovery: Russia’s National Income, 1913 to 1928

Journal of Economic History, Vol. 71, No. 3, pp. 672-703

35 Pages Posted: 19 Jul 2010 Last revised: 26 Jan 2012

Andrei Markevich

New Economic School

Mark Harrison

University of Warwick; University of Birmingham

Date Written: January 26, 2011

Abstract

The last remaining gap in the national accounts of Russia and the USSR in the twentieth century, 1913 to 1928, includes the Great War, the Civil War, and postwar recovery. Filling this gap, we find that the Russian economy did somewhat better in the Great War than was previously thought; in the Civil War it did correspondingly worse; war losses persisted into peacetime, and were not fully restored under the New Economic Policy. We compare this experience across regions and over time. The Great War and Civil War produced the deepest economic trauma of Russia’s troubled twentieth century.

Keywords: Civil War, GDP, Russia, Soviet Union, World War I

JEL Classification: E20, N14, N44, O52

Suggested Citation

Markevich, Andrei and Harrison, Mark, Great War, Civil War, and Recovery: Russia’s National Income, 1913 to 1928 (January 26, 2011). Journal of Economic History, Vol. 71, No. 3, pp. 672-703. Available at SSRN: https://ssrn.com/abstract=1645393 or http://dx.doi.org/10.2139/ssrn.1645393

Andrei Markevich (Contact Author)

New Economic School ( email )

100 Novaya Street
Skolkovo
Moscow, 143025
Russia
+79629851892 (Phone)
+74991293722 (Fax)

HOME PAGE: http://fir.nes.ru/en/people/professors/Pages/amarkevich.aspx

Mark Harrison

University of Warwick ( email )

Department of Economics
University of Warwick
Coventry, CV4 7AL
United Kingdom

HOME PAGE: http://warwick.ac.uk/markharrison

University of Birmingham ( email )

Birmingham, B15 2TT
United Kingdom

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