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Details van artikel 87 van 152 gevonden artikelen
| Titel: |
Macro Features of the Hungarian Economy since 1970 |
| Auteur: |
Halpern, Laszlo Molnar, Gyorgy |
| Verschenen in: |
Economic systems research |
| Paginering: | Jaargang 1 (1989) nr. 1 pagina's 111-120 |
| Jaar: |
1989 |
| Inhoud: |
With the introduction in 1968 of the New Economic Mechanism, the reformers of the Hungarian economy hoped to solve the eficiency problem of the socialist economy. It is shown that the survival of the previous structure of prices and accumulation and their interrelationships hindered the necessary transformation of the economic structure. Quantitative aspects of this process are analysed using a closed input-output model. The computed price and production structures are in correlation, which is the consequence of such a development policy where industry's share in investments is high when the investment growth rate is high and vice versa. The ratio of the computed disaggregated and aggregated growth rate is defined as a certain efficiency measure, and this coefficient shows that the Hungarian economy could only absorb the import surplus at a decreasing rate of efficiency. Despite the improvement in the early 1980s the question remains whether the Hungarian economy is able to growth both faster and efficiently at the same time. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 87 van 152 gevonden artikelen
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