Towards a Dynamic Two - Sector Model of Soviet Economic Decline

Wassily Kafouros
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Wassily Kafouros: School of Business, Australian Catholic University, North Sydney, 40 Edward Street, North Sydney, NSW 2060, Australia

Review of Radical Political Economics, 1996, vol. 28, issue 3, 35-49

Abstract: This paper represents an attempt at formulating a dynamic non-linear model capturing the subtleties of the rapid changes that took place in the Soviet Union during the second part of the 1980s. Towards this end, I propose a model which offers an endogenous explanation of (a) the initial phase of growth of the Soviet economy, (b) its subsequent stagnation, and (c) its final collapse. Inevitably, such a model is qualitative in nature.

Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:28:y:1996:i:3:p:35-49

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