How Large Was the the Output Collapse in Russia? Alternative Estimates and Welfare Implications

How Large Was the the Output Collapse in Russia? Alternative Estimates and Welfare Implications
The divergence between production and consumption indicators in Russia suggests that the magnitude of the output collapse in the course of the transition is overstated by the official statistics. Alternative estimates for real GDP are derived, which reconcile the official production and consumption data. Based on cautious assumptions, real GDP... READ MORE...

Publication date: December 1994
ISBN 9781451921847
$15.00

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