IDEAS home Printed from https://ideas.repec.org/a/bla/manchs/v67y1999i4p588-602.html
   My bibliography  Save this article

On the Role of Sector Size in Determining the Transition Path

Author

Listed:
  • Gianluca Femminis
  • Luigi Ruggerone

Abstract

This paper is an attempt to capture the relevance of the relative magnitude of the state and the private sectors in making the transition from central planning more likely to succeed. The basic idea that we introduce is that the growth of the new private sector, in an environment characterized by a severe form of credit constraint, depends on its relative magnitude in the economy. We also propose an extension of the model which examines the issue of full privatization versus restructuring in a credit‐constrained environment.

Suggested Citation

  • Gianluca Femminis & Luigi Ruggerone, 1999. "On the Role of Sector Size in Determining the Transition Path," Manchester School, University of Manchester, vol. 67(4), pages 588-602, September.
    • Handle: RePEc:bla:manchs:v:67:y:1999:i:4:p:588-602
    DOI: 10.1111/1467-9957.00163
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/1467-9957.00163
    Download Restriction: no
    File URL: https://libkey.io/10.1111/1467-9957.00163?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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:manchs:v:67:y:1999:i:4:p:588-602. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/semanuk.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.