The collapse of former communist regime in Central and Eastern Europe opened the transition period from centrally planned to market oriented economies. Thus, the exploration of economic systems in the special situation of transition has become an interesting research topic. The exposition plan includes: 1) General Remarks; 2) Theoretical and Empirical Premises; 3) Econometric Approach; 4) Proposals for Subsequent Research.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
14085.
Find related papers by JEL classification: P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
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