Везде
Regional Development of the Russian Joint-Stock Commercial Banks in the Second Half of the 19th Century: Statistics and GIS-Technologies
Table of contents
Annotation Estimate Publication content
References Comments
Share
QR
Metrics
Regional Development of the Russian Joint-Stock Commercial Banks in the Second Half of the 19th Century: Statistics and GIS-Technologies
Annotation
PII
S207987840001650-4-1
Publication type
Article
Status
Published
Authors
Sofya Salomatina  Olga Frenkel
Edition
Volume 7 Issue 7 (51)
Abstract
The article examines the growth and integration of regional banking markets in the Russian Empire in the early period, from the 1870s to the 1890s. The study is based on the regional data on the commercial bank units in 1874 and 1897. According to these data, we analyze the growth in brаnching, lending, and the lending rate differential between regions in 1874 and 1897. Using statistical methods, the article proves, including regression analysis and electronic mapping, that the early period was characterized primarily by the growth in grain export regions in Poland; the branch banking finally won in Russia; the lending rates were down, their spreads decreased, although the integration process was far from over. Another important trend of the period was the first signs of erosion of credit rationing, when the largest markets began to grow at the expense of less-privileged customers, which even led to some increase in average lending rates.
Keywords
сommercial banking, the Russian Empire, interest rates, lending, financial integration, credit rationing, regional statistics
Received
03.09.2016
Publication date
01.12.2016
Number of characters
76824
Number of purchasers
49
Views
9680
Readers community rating
0.0 (0 votes)
Cite Download pdf 200 RUB / 1.0 SU

To download PDF you should pay the subscribtion

Full text is available to subscribers only
Subscribe right now
Only article and additional services
Subscription benefits
200 RUB / 1.0 SU
Whole issue and additional services
Subscription benefits
800 RUB / 10.0 SU
All issues and additional services for 2016
Subscription benefits
2500 RUB / 50.0 SU

References



Additional sources and materials

    

  1. Babst I. Nashe bankovskoe delo. Pis'ma k redaktoru «Russkikh vedomostej» pajschika i aktsionera raznykh bankov (publikatsiya podgotovlena A. Belykh) // Ehkonomicheskaya politika. 2014. № 2. S. 160—178.
    2. 

  2. Bocharova T.A. Deyatel'nost' otdelenij aktsionernykh kommercheskikh bankov na Altae v kontse XIX — nachale XX v. // ANTRO: Annaly nauchnoj teorii razvitiya obschestva. 2013. № 1 (12). S. 164—175.
    3. 

  3. Valyaev Ya. V., Ganzhov E. A., Moshkin A. N. Rol' kommercheskikh bankov v razvitii sel'skogo khozyajstva Kurskoj gubernii poreformennogo perioda Rossijskoj imperii // Nauchnye vedomosti Belgorodskogo gosudarstvennogo universiteta. Seriya: Istoriya, Politologiya. Vypusk 36. 2015. № 19 (216). S. 84—89.
    4. 

  4. Veksel'man M. I. Rossijskij monopolisticheskij i inostrannyj kapital v Srednej Azii (konets XIX — nachalo XX v.). Tashkent, 1987. S. 9—29.
    5. 

  5. Gindin I. F. Russkie kommercheskie banki. M., 1948. S. 37—72.
    6. 

  6. Gregori P. Ehkonomicheskij rost Rossijskoj imperii (konets XIX — nachalo XX v.): Novye podschety i otsenki. M., 2003. S. 13—62.
    7. 

  7. Drobizhev V. Z., Koval'chenko I. D., Murav'ev A. V. Istoricheskaya geografiya SSSR. M., 1973. S. 182—184.
    8. 

  8. Lebedev S. K. Evropejskaya delovaya kul'tura, kredit i banki v Peterburge // Predprinimatel'stvo i gorodskaya kul'tura v Rossii (1861—1914). M., 2002. S. 31—51.
    9. 

  9. Levin I. I. Aktsionernye kommercheskie banki v Rossii: sbornik. M., 2010. S. 257—291.
    10. 

  10. Malofeev G. D. Kommercheskie banki na Donu v 1861—1917 gg. // Izvestiya vysshikh uchebnykh zavedenij. Severo-Kavkazskij region. Obschestvennye nauki: Nauchno-obrazovatel'nyj i prikladnoj zhurnal. 2002. № 1. S. 44—49.
    11. 

  11. Morozan V. V. Delovaya zhizn' na yuge Rossii v XIX — nachale XX v. SPb., 2014. C. 312—352.
    12. 

  12. Petrov Yu. A. Kommercheskie banki Moskvy, konets XIX v. — 1914 g. M., 1998. S. 19—80.
    13. 

  13. Rabinovich G. Kh. Krupnaya burzhuaziya i monopolisticheskij kapital v ehkonomike Sibiri kontsa XIX — nachala XX vv. Tomsk, 1975. S. 259—292.
    14. 

  14. Salomatina S. A. Investitsionnye operatsii kommercheskikh bankov v dorevolyutsionnoj Rossii: poisk optimal'noj modeli // Ehkonomicheskaya istoriya. Ezhegodnik. 2011/2012. M., 2012. S. 247—292.
    15. 

  15. Salomatina S. A. Integratsionnye protsessy v bankovskoj sisteme Rossijskoj imperii v kontse XIX v.: statisticheskij analiz // Ehlektronnyj nauchno-obrazovatel'nyj zhurnal «Istoriya». 2015. T. 6. Vypusk 8 (41) [Ehlektronnyj resurs]. Dostup dlya zaregistrirovannykh pol'zovatelej. URL: http://history.jes.su/s207987840001233-5-1 (data obrascheniya: 11.08.2016). DOI: 10.18254/S0001233-5-1.
    16. 

  16. Salomatina S. A. Kommercheskie banki v Rossii: dinamika i struktura operatsij, 1864—1917 gg. M., 2004. S. 105—114.
    17. 

  17. Salomatina S. A. Rekonstruktsii dannykh v istoricheskoj statistike: otdeleniya kommercheskikh bankov Rossijskoj imperii v 1897 g. // Vestnik Permskogo universiteta. Seriya «Istoriya». 2014. T. 26. № 3. S. 87—98.
    18. 

  18. Salomatina S. A. Trudy Efima Ehpshtejna i razvitie kontseptsij v izuchenii istorii bankov Rossijskoj imperii // Vestnik Moskovskogo universiteta. Seriya 8. Istoriya. 2015. № 2. S. 83—88.
    19. 

  19. Tarkka Yu. Obschie cherty v rannem razvitii ehmissionnykh bankov Severnoj Evropy (per. s angl. i nauch. red. S. A. Salomatina) // Ehkonomicheskaya istoriya: Ezhegodnik. 2014/2015. M., 2016. S. 293—328.
    20. 

  20. Fedina T. Yu., Fedin Yu. A. Kreditnye uchrezhdeniya v Kubanskoj oblasti (1860—1917 gg.) Krasnodar, 2008. S. 16—17, 48—55, 82—85.
    21. 

  21. Yago K. Russko-Kitajskij bank v 1896—1910 gg.: mezhdunarodnyj finansovyj posrednik v Rossii i Azii (per. s angl. i nauch. red. S. A. Salomatina) // Ehkonomicheskaya istoriya. Ezhegodnik. 2011—2012. Moskva, 2012. S. 293—314.
    22. 

  22. Bodenhorn H. Capital Mobility and Financial Integration in Antebellum America // Journal of Economic History. Vol. 52. 1992. № 3. P. 585—610.
    23. 

  23. Bodenhorn H., Rockoff H. Regional Interest Rates in Antebellum America // Strategic factors in nineteenth century American economic history: a volume to honor Robert W. Fogel / ed. by C. Goldin and H. Rockoff. Chicago: University of Chicago Press, 1992. Chapter 5.
    24. 

  24. Davis L. The Investment Market, 1870—1914: The Evolution of a National Market // The Journal of Economic History. Vol. 25. 1965. № 3. P. 355—399.
    25. 

  25. Good D. Financial Integration in Late-Nineteenth-Century Austria // The Journal of Economic History. Vol. 37. 1977. № 4. P. 890—910.
    26. 

  26. Homer S., Sylla R. A History of Interest Rates. 4th ed. New York: Wiley, 2005. P. 230—269.
    27. 

  27. Jaitee D. M., Modighani F. A Theory and Test of Credit Rationing // American Economic Review. Vol. 59. 1969. № 5. P. 850—872.
    28. 

  28. James J. The Development of the National Money Market, 1893—1911 // The Journal of Economic History. Vol. 36. 1976. № 4. P. 878—897.
    29. 

  29. Mitchener K. J., Ohnuki M. Institutions, Competition, and Capital Market Integration in Japan // The Journal of Economic History. Vol. 69. 2009. № 1. P. 138—171.
    30. 

  30. Rockoff H. Regional Interest Rates and Bank Failures, 1870—1914 // Explorations in Economic History. Vol. 14. 1977. P. 90—95.
    31. 

  31. Shuska M., Barrett B. Banking Structure and the National Capital Market 1869—1914 // Journal of Economic History. Vol. 44. 1984. P. 463—477.
    32. 

  32. Smiley G. Interest Rate Movement in the United States, 1888—1913 // The Journal of Economic History. Vol. 35. 1975. № 3. P. 591—620.
    33. 

  33. Stigler G. Imperfections in the Capital Market // Journal of Political Economy. Vol. 75. 1967. P. 113—122.
    34. 

  34. Stiglitz J. E., Weiss A. Credit Rationing in Markets with Imperfect Information // American Economic Review. Vol. 71. 1981. № 3. P. 393—410.
    35. 

  35. Sylla R. Federal Policy, Banking Market Structure, and Capital Mobilization in the United States, 1863—1913 // The Journal of Economic History. Vol. 29. 1969. № 4. P. 657—686.
    36. 

  36. Sylla R. Financial Systems and Economic Modernization // The Journal of Economic History. Vol. 62. 2002. № 2. P. 277—292.
    37. 

  37. Williamson J. G. Late nineteenth-century American development: a general equilibrium history. London; New York: Cambridge University Press, 1974. Chapter 6.
    38. 



 

Comments

No posts found

Write a review
Translate