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Barter Transactions and Reproduction of the Economy: A Theoretical Approach on the Basis of Russian Cases
Title: | Barter Transactions and Reproduction of the Economy: A Theoretical Approach on the Basis of Russian Cases |
Authors: | Ono, Shigeki Browse this author |
Issue Date: | Mar-2011 |
Publisher: | 旭川大学 |
Journal Title: | 旭川大学経済学部紀要 |
Volume: | 70 |
Start Page: | 27 |
End Page: | 44 |
Abstract: | This paper seeks to theoretically analyze the relationship between barter transactions and reproduction of the economy, taking into account causes of barter operations in Russia: liquidity constraint and tax evasion. This paper suggests that when firms are suffering liquidity constraint, price ratios both for currency settlement and barter exchanges are required and commodities are non-equivalently bartered. Furthermore, when firms barter in order to evade taxes, and bilateral and multilateral barter transactions are combined, in some cases firms in deficit become firms in surplus, making the economy reproducible. |
Type: | article |
URI: | http://hdl.handle.net/2115/45765 |
Appears in Collections: | スラブ・ユーラシア研究センター (Slavic-Eurasian Research Center) > 雑誌発表論文等 (Peer-reviewed Journal Articles, etc)
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Submitter: 大野 成樹
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