View Item 

Show simple item record

Growth Slowdown Under Central Planning: A Model of Poor Incentives
dc.contributor.authorBrixiová, Zuzanaen_US
dc.contributor.authorBulír, Alešen_US
dc.date.accessioned2006-08-01T15:58:41Z
dc.date.available2006-08-01T15:58:41Z
dc.date.issued2002-03-01en_US
dc.identifier.otherRePEc:wdi:papers:2002-448en_US
dc.identifier.urihttps://hdl.handle.net/2027.42/39832en_US
dc.description.abstractCentrally planned economies tend to be less efficient than economies in which agents are free to choose their output targets, as well as the means to meet them. This paper presents a simple model of planner-manager interactions and shows how planned economies can end up in a low-effort, low-output equilibrium even though they may have started in a high-effort, high-output equilibrium.en_US
dc.format.extent45464 bytes
dc.format.extent3151 bytes
dc.format.extent404975 bytes
dc.format.mimetypetext/plain
dc.format.mimetypetext/plain
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.relation.ispartofseries448en_US
dc.subjectPolitical Economy, Central Planning, Incentives, Growthen_US
dc.subject.otherD73, O41, P21en_US
dc.titleGrowth Slowdown Under Central Planning: A Model of Poor Incentivesen_US
dc.typeWorking Paperen_US
dc.subject.hlbsecondlevelEconomicsen_US
dc.subject.hlbtoplevelBusinessen_US
dc.description.bitstreamurlhttp://deepblue.lib.umich.edu/bitstream/2027.42/39832/3/wp448.pdfen_US
dc.owningcollnameWilliam Davidson Institute (WDI) - Working Papers


Files in this item

Name:
wp448.pdf
Size:
395.4KB
Format:
PDF
View/Open

Show simple item record

Remediation of Harmful Language

The University of Michigan Library aims to describe library materials in a way that respects the people and communities who create, use, and are represented in our collections. Report harmful or offensive language in catalog records, finding aids, or elsewhere in our collections anonymously through our metadata feedback form. More information at Remediation of Harmful Language.

Accessibility

If you are unable to use this file in its current format, please select the Contact Us link and we can modify it to make it more accessible to you.