Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78380
Authors: 
Krelle, Wilhelm
Year of Publication: 
2000
Series/Report no.: 
Bonn Econ Discussion Papers 4/2000
Abstract: 
The paper shows that a transition from a planned to a market economy implies an important change of the structure of production, i. e. a reallocation of resources which takes time and induces sufferings for some people. These sufferings may be reduced by subsidization of some sectors, with some negative effects on GDP and growth if subsidization exceeds a certain size. The time tillthe economy in transition reaches an ``old market economy (asymptotically or totally) is estimated by different methods. Finally other problems, mostly non
Subjects: 
transition
planned economy
market economy
economic ones, which are connected with the transition process are discussed.
JEL: 
E1
E2
P2
Document Type: 
Working Paper

Files in This Item:
File
Size
532.15 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.