Barter Transactions and Reproduction of the Economy: A Theoretical Approach on the Basis of Russian Cases

Ono, Shigeki

旭川大学経済学部紀要, 2011, 70, 27-44

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アクセス権	open access
URI	https://hdl.handle.net/2115/45765
タイトル	Barter Transactions and Reproduction of the Economy: A Theoretical Approach on the Basis of Russian Cases
著者	著者名 Ono, Shigeki
言語	英語
発行日	2011-03
出版者	旭川大学
収録物名	旭川大学経済学部紀要
巻(号)	70
ページ	27-44
抄録	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.
資源タイプ	学術雑誌論文
出版タイプ	Version of Record
PISSN	1884-1481