Research

Website for my project with Steven Nafziger (Williams), National Science Foundation Grant #1658877, “Collaborative Research: RUI: Corporate Law, Finance, and Productivity in Historical Perspective”

Timothy Guinnane’s site collecting research on the legal form of enterprise.

A recording of my Carol Rifelj Lecture from March 27, 2024, in which I describe my early-stage work on agriculture in nineteenth-century Vermont.

Peer-Reviewed Publications

“Cross-Cultural Trade and the Slave Ship the Bonne Société: Baskets of Goods, Diverse Sellers, and Time Pressure on the African Coast” (with Anne Ruderman) (Forthcoming, Journal of Economic History. [Download]

“The Births, Lives, and Deaths of Corporations in Late Imperial Russia” (with Steven Nafziger). The Economic Journal 134.661 (2024): 2041-2070. [Download]

“Finance Capitalism in Industrializing Autocracies: Evidence from Corporate Balance Sheets in Imperial Germany and Russia” (with Caroline Fohlin) Economic History Review 78.1 (2025): 235-265. [Download]

“Financing Industrial Corporations in a Developing Economy: Panel Evidence from Imperial Russa” (with Steven Nafziger). Previously circulated as “Financing nascent industry : Leverage, politics, and performance in Imperial Russia” Financial History Review 30.2 (2023): 125-61. [Download]

“Modernization in Progress: Part-Year Operation, Capital Accumulation, and Labor Force Composition in Late Imperial Russia” (with Tamar Matiashvili) Journal of Economic History 82.4 (2022): 1143-82. [Main Text] [Online Appendix] [Replication Materials]

“Factory Productivity and the Concession System of Incorporation in Late Imperial Russia.” American Economic Review 110.2 (2020): 401-27. [Download]

“Vertical and Horizontal Integration in Russian Cotton Textiles, 1894 – 1900.” European Review of Economic History 24.1 (2020): 157-91. [Download]

“Capital Structure and Corporate Performance in Late Imperial Russia” (with Steven Nafziger). European Review of Economic History 23.4 (2019): 446-81. [Download]

“Shareholder Rights and Share Capital: The Effect of the 1901 Russian Corporation Reform, 1890-1905” [Economic History Review, August 2017]

“Interactive Web-based Simulations to Teach Econometrics: Making Abstract Concepts Tangible” (with Tanya Byker and Dylan Mortimer) [Forthcoming and Available Online, Journal of Economics Teaching] [Download pdf] [Project site]

Working Papers and Works in Progress

“Agricultural Transition in Nineteenth-Century Vermont”

“What Did Alexander Gerschenkron Say about Imperial Russian Development, and Was He Correct?” (with Steven Nafizger)

“Shareholder Democracy under Autocracy: Voting Rights and Corporate Performance in Imperial Russia” (with Amy Dayton and Steven Nafziger). [European Corporate Governance Institute – Finance Working Paper No. 773/2021]

“Female entrepreneurs in the Russian Empire, 1894-1908: Evidence from manufacturing census data” (with Tanya Byker)

Other Publications

Review of Langlois, Richard, The Corporation and the Twentieth Century: The History of American Business Enterprise. Published by eh.net. Link

“Cliometrics, The Russian Empire, and the Soviet Union.” Handbook of Cliometrics, Second Edition. [Published version, Online First] [Download SSRN working paper version]

“Factory Productivity, Firm Organization, and Corporation Reform in Late Imperial Russia.” (Dissertation Summary) Journal of Economic History 76.2 (2016), pp. 619-622. Link

Review of Kuboniwa, Masaaki, Yasushi Nakamura, Kazuhiro Kumo, and Yoshisada Shida, editors. Russian Economic Development over Three Centuries: New Data and Inferences. Russian Review 79.4 (October 2020): 679-680. Link

Review of R.W. Davies, Mark Harrison, Oleg Khlevniuk, and Stephen G. Wheatcroft, The Industrialisation of Soviet Russia Volume 7: The Soviet Economy and the Approach of War, 1937-1939. Published by eh.net Link

Review of Sergei Antonov, Bankrupts and Usurers of Imperial Russia: Debt Property, and the Law in the Age of Dostoevsky and Tolstoy. History: Reviews of New Books 46.1 (2017): 9. Link

Review of Kim Oosterlinck’s Hope Springs Eternal: Hope Springs Eternal: French Bondholders and the Repudiation of Russian Sovereign Debt. Russian Review 76.2 (2017): 379-80.

Review of Alessandro Stanziani, After Oriental Despotism: Eurasian Growth in a Global Perspective. London: Bloomsbury Academic, 2014. Pp. viii, 183, $34.95, paperback. Journal of Economic History, 76.3 (2016), pp. 961–963. Link

Review of Yanni Kotsonis, States of Obligation: Taxes and Citizenship in the Russian Empire and Early Soviet Republic. Journal of Economic History 76.1 (2016), pp. 281-2. Link

Review of Jennifer Siegel, For Peace and Money: French and British Finance in the Service of Tsars and Commissars. Journal of Economic History 76.1 (2016), pp. 247-9. Link

Review of S.A. Eddie, Freedom’s Price: Serfdom, Subjection, & Reform in Prussia, 1648–1848. Journal of Economic History 74.4 (2014), pp. 1233-1234. Link