Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/242177 
Year of Publication: 
2021
Citation: 
[Journal:] DANUBE: Law, Economics and Social Issues Review [ISSN:] 1804-8285 [Volume:] 12 [Issue:] 1 [Publisher:] De Gruyter [Place:] Warsaw [Year:] 2021 [Pages:] 1-12
Publisher: 
De Gruyter, Warsaw
Abstract: 
Economic growth in centrally planned economies was declining with the duration of these economic systems. There were multiple reasons for this development. Deeper insight can be provided by dividing economic growth into extensive and intensive parts. The goal of this article is to estimate the share of extensive and intensive aspects of economic growth in the socialist Czech economy in the last two decades of the socialist era (1970-1989). We conclude that the extensive growth in this period stood for approximately 55% of the overall growth. This figure is broadly twice higher than comparative numbers for the post-communist period.
Subjects: 
Centrally Planned Economy
Czech Republic
Intensive Growth
Extensive Growth
Economic Growth
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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