Plans, prices, and corruption : the Soviet firm under partial centralization, 1930 to 1990
Harrison, Mark and Byung-Yeon, Kim. (2006) Plans, prices, and corruption : the Soviet firm under partial centralization, 1930 to 1990. Journal of Economic History, Vol.66 (No.1). pp. 1-41. ISSN 0022-0507
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Official URL: http://dx.doi.org/10.1017/S0022050706000015
On the basis of new historical research on the Soviet command system we analyze the choices of a plan-setter and an effort-setter who interacted with each other and an external market to determine real output, hidden inflation, and the quality of corruption. We show that the performance of the Soviet economy was affected not only by the level of corruption but also by its quality, that is, how corrupt incomes were used. Our results explain rapid Soviet economic growth despite high corruption levels, and why slower economic growth in the 1970s
was accompanied by increased privatization of rents.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Soviet Union -- Economic conditions -- 20th century, Political corruption -- Economic aspects, Corruption -- Economic aspects|
|Journal or Publication Title:||Journal of Economic History|
|Publisher:||Cambridge University Press|
|Official Date:||17 March 2006|
|Page Range:||pp. 1-41|
|Access rights to Published version:||Open Access|
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