Appropriability of Returns in the Yugoslav Firm

Milan Vodopivec

Eastern Economic Journal, 1994, vol. 20, issue 3, 337-348

Abstract: The paper argrues that Yugoslav workers only appeared to be residual claimants in the 1970s and 1980s. Political elites, in blatant violation of the proclaimed autonomy of workers, set workers' earnings with the clear goal of evening out differences among firms. They achieved this through a pervasive and massive redistribution of income, implemented through discretionary taxation and subsidization of enterprises. The nonappropriability of returns was a hallmark of the system. Inferences based on analyses of the Yugoslav system as labor-managed are thus unwarranted.

Keywords: Yugoslavia (search for similar items in EconPapers)
JEL-codes: J54 (search for similar items in EconPapers)
Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://web.holycross.edu/RePEc/eej/Archive/Volume20/V20N3P337_348.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eej:eeconj:v:20:y:1994:i:3:p:337-348

Access Statistics for this article

Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

More articles in Eastern Economic Journal from Eastern Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Victor Matheson, College of the Holy Cross ().