Adjustment to Price and Quantity Signals in a Socialist Economy

János Kornai

Chapter 3 in The Economics of Relative Prices, 1984, pp 60-86 from Palgrave Macmillan

Abstract: Abstract In this study, I try to answer the question: what is the impact of prices and of quantity signals on production in a socialist economy?

Keywords: Budget Constraint; Socialist Enterprise; Socialist Economy; Capitalist Economy; Relative Prex (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-06265-2_3

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DOI: 10.1007/978-1-349-06265-2_3

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