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Paul R. Gregory Replies

Published online by Cambridge University Press:  27 January 2017

Extract

In my note, I maintained that Russia ran a current deficit during the industrialization era and that Russian trade statistics were not biased in the directions suggested by Sontag. 1 refrained from making comments on the foreign policy implications of the current account deficit, as I did not feel qualified to do so.

Type
Research Article
Copyright
Copyright © Association for Slavic, East European, and Eurasian Studies. 1981

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References

1. Gregory, Paul R., “A Note on Russia's Merchandise Balance and Balance of Payments During the Industrialization Era Slavic Review , 38, no. 4 (December 1979): 655–62.CrossRefGoogle Scholar

2. Gregory, Paul R., “The Russian Balance of Payments, the Gold Standard, and Monetary Policy: A Historical Example of Foreign Capital Movements Journal of Economic History , 39, no. 2 (June 1979): 379–99.CrossRefGoogle Scholar

3. My calculations include remittances sent home by Russian seasonal workers.

4. Ol'in, P. A. Sharapov, S. F., Tsifrovoianaliz rashchetnogo balansa Rossii za 15-letie (Petersburg: Bernshtein, 1897 Google Scholar); Migulin, P. A., Reforma denezhnago obrashcheniia v Rossii i promyshlennyi krizis (Khar'kov: Pechatnoe delo, 1902 Google Scholar); Engeev, T. K., “O platezhnom balanse dovoennoi Rossii.” Vestnik fmansov, 1928, no. 5, pp. 72–84Google Scholar. Vyshnegradskii's findings are summarized in Bovykin, V. I., “K voprosu o roli inostrannogo kapitala v RossiiVestnik Moskovskogo Universiteta, 1964, no. 1, p. 74 Google Scholar.