No cash and no purse: explaining non-monetary trade in Russia in the 1990s

Komarov, Ivan. (2004). No cash and no purse: explaining non-monetary trade in Russia in the 1990s. Master's thesis / Doctoral dissertation, University of Maryland, College Park.

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Komarov, Ivan. (2004). No cash and no purse: explaining non-monetary trade in Russia in the 1990s. Master's thesis / Doctoral dissertation, University of Maryland, College Park.

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Abstract:

Why were most transactions in the Russian industry in the 1990s carried out without the use of money? Theories explaining the phenomenon, when carefully assessed, seem to have missing gaps in the argument or inadequate evidence. The present paper critically reviews the theories, suggests neglected considerations, proposes an alternative explanation, and empirically tests the hypothesis. A large representative sample of Russian firms is used in the empirical part. TOBIT analysis shows that firms start to use non-monetary payments because of their liquidity problems. Further use of non-monetary payments is connected to kartoteka, a tax collection method of withdrawal of taxes from the firm's bank account.

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Reference Type:
THES

Secondary Title:
Economics

Series Title:

Author(s):
Komarov, Ivan

Editor(s):

Series Author(s):
Murrell, Peter

Year Published:
2004

Date Published:

Journal Name:

Volume Number:
3152502

Issue Number:

Start Page Number:
188-188 p.

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Edition:

Series Volume:

Publisher:
University of Maryland, College Park

City of Publication:
Ann Arbor

ISSN/ISBN:
0496128604; 9780496128600

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Reference ID:
2558

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No cash and no purse: explaining non-monetary trade in Russia in the 1990s