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Central planning casts long shadows: new evidence on misallocation and growth

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cris.lastimport.scopus2024-02-12T20:37:46Z
dc.abstract.enWe analyze the link between resource misallocation resulting from central planning and subsequent long-term economic growth under a market-based system. We construct two novel data sets for Poland. We show that misalignment of resources under central planning coincides with lower subsequent economic growth, despite the fact that market mechanisms are reinstated. This result is robust even three decades after the collapse of central planning. We provide several explanations for these patterns.
dc.affiliationUniwersytet Warszawski
dc.contributor.authorTyrowicz, Joanna
dc.contributor.authorHagemejer, Jan
dc.date.accessioned2024-01-24T19:05:06Z
dc.date.available2024-01-24T19:05:06Z
dc.date.issued2022
dc.description.financePublikacja bezkosztowa
dc.description.number6
dc.description.volume38
dc.identifier.doi10.1080/1060586X.2022.2097458
dc.identifier.issn1060-586X
dc.identifier.urihttps://repozytorium.uw.edu.pl//handle/item/102804
dc.identifier.weblinkhttps://www.tandfonline.com/doi/pdf/10.1080/1060586X.2022.2097458
dc.languageeng
dc.pbn.affiliationmanagement and quality studies
dc.relation.ispartofPost-Soviet Affairs
dc.relation.pages513-530
dc.rightsClosedAccess
dc.sciencecloudnosend
dc.subject.enhysteresis
dc.subject.enPoland
dc.subject.enprivatization
dc.subject.enresource misallocation
dc.subject.entransition
dc.titleCentral planning casts long shadows: new evidence on misallocation and growth
dc.typeJournalArticle
dspace.entity.typePublication