| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP91 |
| DP91 The Theory and Measurement of Macroeconomic Disequilibrium in Centrally Planned Economies | |
| Richard Portes | |
| 发表日期 | 1986 |
| 出版年 | 1986 |
| 语种 | 英语 |
| 摘要 | The paper considers issues in recent research on macroeconomic equilibrium in centrally planned economies. I defend the explicit aggregative, macroeconomic approach in theory, institutional relationships and measurement. It has offered a fresh, coherent framework for the analysis of many Centrally Planned Economies phenomena, opened up a range of possibilities for empirical investigation, and generated several important spinoffs: work on planners' behaviour; insights into CPE policy problems of the 1970s and early 1980s, which centred on macroeconomic equilibrium and threats to it; and some developments in market economy macro theory and econometrics. The quantity-rationing macro model and disequilibrium econometrics give a more useful as well as a more nuanced view of macroeconomic reality in CPEs than the conventional wisdom characterizing them as perpetual "shortage economies". |
| 主题 | International Macroeconomics |
| 关键词 | Centrally planned economies Disequilibrium Planners' behaviour Rationing and shortages Repressed inflation |
| URL | https://cepr.org/publications/dp91 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529247 |
| 推荐引用方式 GB/T 7714 | Richard Portes. DP91 The Theory and Measurement of Macroeconomic Disequilibrium in Centrally Planned Economies. 1986. |
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