Domar, the West and Russian economics: a historical perspective
The paper discusses Evsey Domar’s role as a link between economics in the West
and in Russia, including his influence on some Brazilian economists. The Russian heritage
he brought with him from Harbin (Manchuria) to the US consisted of an interest in socialism
and Russian history. He paid close attention to the 1947 Varga controversy in the USSR.
Domar’s rediscovery of Feldman’s (1928) growth model in 1957 brought it to the attention of Western and Soviet economists alike. Soviet economic development was also discussed
in his interpretation of Preobrazhensky’s (1926) approach to the interaction between agricultural
and industrial sectors. Domar’s 1966 seminal article on producer cooperatives
called attention to Tugan-Baranovsky’s 1915 book on the topic. Domar’s interest in history
resulted in his 1970 hypothesis about the origins of Russian serfdom and of North and
South American slavery. Soviet economists paid some attention to Domar’s growth models,
especially those involving depreciation and the time structure of capital goods.
JEL Classification: B22; B24; N00.
Keywords: Domar Russia West economic growth socialism economic history