Toda, Yasushi; Nozdrina, Nadezhda; Maddala, G S - In: Economic Change and Restructuring 31 (1998) 1, pp. 1-14
The purpose of this paper is to see how economic factors determine prices in the previously communist countries undergoing privatization. This does not concern the auctions of big state enterprises where the prices are found to be rigged. In this paper we estimate hedonic price functions based...