IDEAS home Printed from https://ideas.repec.org/a/bla/jecsur/v3y1989i4p305-24.html
   My bibliography  Save this article

Computational Controversies in Disequilibrium and Shortage Modelling of Centrally Planned Economies

Author

Listed:
  • Charemza, Wojcieh W

Abstract

Most disequilibrium and shortage models of centrally planned economies fall into three categories: testable excess demand (the Portes school), disequilibrium indicators, and Kornai's economics of shortage. These models have generated numerous controversies and conflicting empirical results. However, this paper argues that some disputes are not caused by the theoretical features of the models but rather by the utilization of different estimation methods that are not directly comparable. This suggests that several controversies are more apparent than real and can be resolved through the improvement of computational techniques and statistical hypothesis testing theory. Copyright 1989 by Blackwell Publishers Ltd

Suggested Citation

  • Charemza, Wojcieh W, 1989. " Computational Controversies in Disequilibrium and Shortage Modelling of Centrally Planned Economies," Journal of Economic Surveys, Wiley Blackwell, vol. 3(4), pages 305-324.
  • Handle: RePEc:bla:jecsur:v:3:y:1989:i:4:p:305-24
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vahabi, Mehrdad, 1997. "De l’économie de la pénurie à l’économie politique du communisme. Sur l’évolution récente de la pensée économique de Janos Kornai : 1980-1996
      [Economics of Shortage and Political Economy of Communi
      ," MPRA Paper 80026, University Library of Munich, Germany, revised 1997.
    2. Shida, Yoshisada, 2015. "Forced Savings in the Soviet Republics: Re-examination," RRC Working Paper Series 54, Russian Research Center, Institute of Economic Research, Hitotsubashi University.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jecsur:v:3:y:1989:i:4:p:305-24. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0950-0804 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.