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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Format: | Working paper |
Language: | English |
Published: |
University of British Columbia
1997
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