What Did the Study of the Soviet Economy Contribute to Mainstream Economics&quest

Michael Ellman

Comparative Economic Studies, 2009, vol. 51, issue 1, 19 pages

Abstract: This paper is an overview of the contributions made by economic Sovietology to mainstream economics. The long debate about the universal applicability of mainstream economics is reconsidered in the light of Soviet experience. Information is provided on the contribution of the study of the Soviet economy to the fields as diverse as the measurement of economic growth, institutional economics, economic administration, the economics of property rights, the economics of the informal sector, the economics of famines, the Austrian critique of general equilibrium theory, and incentives. The implications for economic methodology are also considered. Comparative Economic Studies (2009) 51, 1–19. doi:10.1057/ces.2008.42

Date: 2009
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