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Long-Term Growth and Welfare in Trnasitional Economies : The Impact of Demographic, Investment and Social Policy Changes

Author

Listed:
  • Cornia, G-A
  • Hokkila, J
  • Paniccia, R
  • Popov, V

Abstract

This paper analyses the long-term growth and welfare impact of the transition to the market economy in the countries of Eastern Europe. We define welfare as the average real net wage after payments of social security contributions to fund a paygo-type pension system, and of taxes to service the interests on the accumulated public debt.

Suggested Citation

  • Cornia, G-A & Hokkila, J & Paniccia, R & Popov, V, 1996. "Long-Term Growth and Welfare in Trnasitional Economies : The Impact of Demographic, Investment and Social Policy Changes," Research Paper 122, World Institute for Development Economics Research.
    • Handle: RePEc:fth:wodeec:122
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    Cited by:

    1. Honkkila, Juha, "undated". "Privatization, Asset Distribution and Equity in Transitional Economies," WIDER Working Papers 295449, United Nations University, World Institute for Development Economic Research (UNU-WIDER).
    2. Popov, Vladimir, 2009. "Mortality Crisis in Russia Revisited: Evidence from Cross-Regional Comparison," MPRA Paper 21311, University Library of Munich, Germany, revised Dec 2009.
    3. Juha Honkkila, 1997. "Privatization, Asset Distribution and Equity in Transitional Economies," WIDER Working Paper Series wp-1997-125, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

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    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • D60 - Microeconomics - - Welfare Economics - - - General
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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