Empirical tests of impacts of rationing: the case of Poland in transition
This study tests hypotheses derived from the theory of rationing using data for Polish households during the transition. There are six commodity groups and virtual prices are derived for rationed goods. The evidence is consistent with the theory: larger own-price elasticities for non-rationed goods after the reform, increased complementarity and decreased substitutability.
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Volume (Year): 28 (2004)
Issue (Month): 1 (March)
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