Economic Sector Stabilization

Charles Tiplitz

Economic Change and Restructuring, 2002, vol. 35, issue 2, 59 pages

Abstract: Using a dynamic competitive disequilibrium model this paper determined that centrally directed sector resource stabilization or planning probably could not shorten the time for a developed economy to reach equilibrium. This is due to the disaggregation of data available centrally, an old concern. Therefore, the old issues of freedom and corruption under planning appear moot. Copyright 2002 by Kluwer Academic Publishers

Date: 2002
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