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Models of Disequilibrium and Shortage in Centrally Planned Economies pp 263–281Cite as

Sectoral shortage models in Hungary

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Part of the book series: International Studies in Economic Modelling ((ISIM))

Abstract

In Hungary, a descriptive-explanatory theory of the socialist economy and a family of models connected with it have gradually been developing since the early 1970s and have preserved their relative independence despite the emergence of the disequilibrium models. The main fields of interest in this school are the behavioural rules originating from the institutional system of the socialist economy, the different forms of appearance of shortage and its permanent reproduction mechanisms. The school was started by Kornai’s book Anti-Equilibrium (1971), and a series of verbal works, theoretical-mathematical and econometric models followed.

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Authors
  1. Mária Lackó
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Editors and Affiliations

  1. Centre for Russian and East European Studies, University of Birmingham, UK

    Christopher Davis

  2. Department of Economics, University of Leicester, UK

    Wojciech Charemza

  3. University of Gdansk, Poland

    Wojciech Charemza

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© 1989 Chapman and Hall Ltd

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Lackó, M. (1989). Sectoral shortage models in Hungary. In: Davis, C., Charemza, W. (eds) Models of Disequilibrium and Shortage in Centrally Planned Economies. International Studies in Economic Modelling. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-0823-9_10

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  • DOI: https://doi.org/10.1007/978-94-009-0823-9_10

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-6856-7

  • Online ISBN: 978-94-009-0823-9

  • eBook Packages: Springer Book Archive

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