Economic Performance in Central Asia Since 1991: Macro and Micro Evidence1
How should the economic performance of the Central Asian countries during the 1990s be measured? The most commonly used indicator is GDP, even though GDP estimates for transition economies are known to suffer from conceptual and methodological shortcomings. This paper combines national accounts estimates and household survey results to assess the biases in GDP measures as indicators of economic well-being. The main conclusion is that, although per capita consumption fell during the first half of the 1990s, the decline was not as drastic as GDP estimates suggest. Although the cardinal measures are subject to scepticism, the ordinal ranking of the five Central Asian countries' performance is clearer, at least to the extent of dividing them into better (Kazakhstan, the Kyrgyz Republic and Uzbekistan) and worse (Tajikistan and Turkmenistan) performers. Comparative Economic Studies (2003) 45, 442–465. doi:10.1057/palgrave.ces.8100029
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 45 (2003)
Issue (Month): 4 (December)
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK|
Web: http://www.palgrave-journals.com/pal/subscribe/index.html Email:
When requesting a correction, please mention this item's handle: RePEc:pal:compes:v:45:y:2003:i:4:p:442-465. 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: (Daniel Foley)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.