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The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...
Persistent link: https://www.econbiz.de/10012203362
This paper develops and implements a methodology for quantifying defense conversion in Russian manufacturing in the early 1990s. A two-sector, three-good model is employed to analyze the flows of resources from military to non-military uses and applied to firm-level survey data under alternative...
Persistent link: https://www.econbiz.de/10014215734
Persistent link: https://www.econbiz.de/10012051158
This paper is a draft of the concluding chapter of The industrialisation of Soviet Russia, vol. 7: The Soviet economy …
Persistent link: https://www.econbiz.de/10012920911
We provide the first thick description of the KGB’s counter-intelligence function in the Soviet command economy. Based on documentation from Lithuania, the paper considers KGB goals and resources in relation to the supervision of science, industry, and transport; the screening of business...
Persistent link: https://www.econbiz.de/10014153369
Attempting to satisfy their political masters in a target-driven culture, Soviet managers had to optimize on many margins simultaneously. One of these was the margin of truthfulness. False accounting for the value of production was apparently widespread in some branches of the economy and at...
Persistent link: https://www.econbiz.de/10014173708
The paper examines the control system that Stalin established, as the Soviet dictator, to enforce his orders. Historical records demonstrate that Stalin designed the system’s scope, organisation, and credentials to maximise its cost-effectiveness. On several occasions Stalin deliberately...
Persistent link: https://www.econbiz.de/10014193250
Economics. Soviet economic reform refers to repeated failed attempts in the 1960s-1980s to introduce market … to use local information in executing commands while also attending to customers' demand. Reform arrangements, such as … reform can be explained, in the spirit of North (2005), by considering the rulers' beliefs about the economy …
Persistent link: https://www.econbiz.de/10014057228
It was always maintained by Soviet theorists that the distinguishing feature of the Soviet socialist or Communist economy would be centralized economic planning. This was their sine qua non and all discussions over the Soviet economic model revolved around two questions: what should be the...
Persistent link: https://www.econbiz.de/10013102595
We construct a one period model of an economy based upon a Soviet-type system, and examine a modified notion of equilibrium in it. Producers are not profit maximizers, but have quantitity oriented incentive functions. Taxes are part of the planning process without which there would not be an...
Persistent link: https://www.econbiz.de/10014056018