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Author: | Tiplitz, C. |
Title: | Economic sector stabilization |
Journal: | Economics of Planning
2002 : VOL. 35:2, p. 141-159 |
Index terms: | Planning Equilibrium analysis Models Theories |
Freeterms: | Dynamics Aggregation |
Language: | eng |
Abstract: | Using a dynamic competitive disequilibrium model this paper determines that centrally directed sector resource stabilization or planning probably could not shorten the time for developed economy to reach equilibrium. This is due to the disaggregation of data available centrally, an old concern. Therefore, the old issues of freedom and corruption under planning appear moot. |
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