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https://doi.org/10.32609/j.ruje.7.56600
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Land prices and railroad building in European Russia, 1860s to the early 1900s
[journal article]
Abstract This paper shows that railroad building in Russia, as in Europe and the US in the nineteenth century, improved the value of land, a classic benefit of transportation investment in largely agrarian countries. From a database constructed for this paper, we use crosssectional data for the fifty Europea... view more
This paper shows that railroad building in Russia, as in Europe and the US in the nineteenth century, improved the value of land, a classic benefit of transportation investment in largely agrarian countries. From a database constructed for this paper, we use crosssectional data for the fifty European Russian regions to show the association of the length of the railroad (measured in 1894), land prices (measured in 1900) and annual growth of land prices (in rubles) for 1885-1910.... view less
Keywords
regional history; historical development; town; financial market; Russia; railroad
Classification
Economic Sectors
Free Keywords
transportation history; history of financial markets; urban history
Document language
English
Publication Year
2021
Page/Pages
p. 93-104
Journal
Russian Journal of Economics, 7 (2021) 2
ISSN
2618-7213
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0