Show simple item record Treml, Vladimir en_US Alexeev, Michael en_US 2010-03-09T15:41:12Z 2010-03-09T15:41:12Z 1993 en_US
dc.description.abstract The authors suggest that the rapid growth of the illegal underground economy in 1970s and 1980s has destabilized the Soviet state economy and weakened the mechanism of central planning. This hypothesis is advanced on the basis of the examination of striking decline in income (legal) elasticities of demand for a number of consumer goods purchased in state retail trade in Russia and Ukraine. The growth of income from illegal sources and purchases of consumer goods in black markets explains this phenomenon. en_US
dc.format.extent 224517 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher SSRN eLibrary en_US
dc.subject Destabilizing effect en_US
dc.subject Regression results en_US
dc.subject Second economy en_US
dc.subject Soviet Union en_US
dc.title The Second Economy and the Destabilizing Effect of Its Growth on the State Economy in the Soviet Union, 1965-1989 en_US
dc.type Journal Article en_US
dc.department Economics

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