经济改革的互补性

Economics of Transition Pub Date : 1996-10-01 DOI:10.1111/J.1468-0351.1996.TB00175.X

E. Friedman, Simon Johnson

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引用次数: 9

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Complementarities in economic reform

The authors report on technical work which examines the implications of combining complementarities and convex adjustment costs in a model of economic reform. The main results are that the optimal pace of reform is higher if there is a larger initial crisis, stronger pro-reform institutions, and greater immediate potential entrepreneurship. This supports the argument that radical reform was appropriate for most countries in Eastern Europe and the former Soviet Union, while gradualism was more appropriate for a country like China. Copyright 1996 The European Bank for Reconstruction and Development.

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来源期刊

Economics of Transition ECONOMICS-

自引率

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发文量

期刊介绍： Economics of Transition publishes high-quality, refereed articles on the economics of structural transformation, institutional development, and growth. It presents innovative theoretical work and econometric analyses of the process of economic reform and its macroeconomic effects. The journal aims to promote new thinking on how institutions and institutional change can be analyzed and measured and how their impact on aggregate economic performance can be evaluated.