Liberalization and the Behavior of Output During the Transmission from Plan to Market
IMF Working Paper No. 97/53
Posted: 1 May 1998
There are 2 versions of this paper
Date Written: 1997
Abstract
This paper deals with liberalization and the evolution of output during the transition from plan to market. It explains why strong liberalization leads to a comparatively steep fall in output early in the transition, but a relatively strong recovery later on.
JEL Classification: E23, P21, P27, P52
Suggested Citation: Suggested Citation
Hernández-Catá, Ernesto, Liberalization and the Behavior of Output During the Transmission from Plan to Market (1997). IMF Working Paper No. 97/53, Available at SSRN: https://ssrn.com/abstract=82488
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