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Soviet growth over 1960-89 was the worst in the world after we control for investment and human capital; the relative performance worsens over time. The declining Soviet growth rate over 1950-87 is explained by the declining marginal product of capital; the rate of TFP growth is roughly constant...
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It has become a copybook maxim to assert that the policy of "War Communism" was imposed on the Bolsheviks by the Civil War and the foreign intervention. This is completely untrue, if only for the reason that the first decrees on introducing the "socialist ideal" exactly "according to Marx" in...
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Soviet growth over 1960-89 was the worst in the world after we control for investment and human capital; the relative performance worsens over time. The declining Soviet growth rate over 1950-87 is explained by the declining marginal product of capital; the rate of TFP growth is roughly constant...
Persistent link: https://www.econbiz.de/10013311878
1 Introduction -- 2 The Meaning of the First Decade of Soviet Socialism -- 3 The Political Economy of Utopia: Communism in Soviet Russia, 1918–1921 -- 4 The Political Economy of NEP: Market Relations and Interventionism in Soviet Russia, 1921–1928 -- 5 The Political Economy of Development...
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