Capital Accumulation, The Soft Budget Constraint and Soviet Industrialization.

This paper analyzes the rapird development of the Soviet economy during the first three Five Year Plans. A simulation model is used to determine the importance of three distinctive Soviet institutions/policies--the concentration of investment on heavy industry, the collectivization of agriculture, a...

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Bibliographic Details
Main Author: Allen, R
Format: Working paper
Language:English
Published: University of British Columbia 1997