Graduation Year

2024

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Patrick Van Horn

Reader 2

Sean Flynn

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Terms of Use for work posted in Scholarship@Claremont.

Rights Information

Sierra D. Scott

Abstract

This paper employs modern econometric techniques to propose alternative strategies for how the Soviet Union could have developed their wheat industry had they not launched the Collectivization Movement. Utilizing a panel dataset spanning from 1922 to 2018 and treating the Soviet Union as a treated unit, the present paper implements the synthetic control method(SCM) to construct counterfactual scenarios. Moreover, this study conducts placebo tests and sensitivity checks to evaluate the robustness and sensitivity of the findings. The findings derived from the synthetic control model support the gradual adoption of Soviet economist Nikolai Bukharin’s New Economic Policy model as a feasible alternative for developing the Soviet Union’s wheat industry.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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