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Index Abundance factor: international trade patterns and, 75; intraindustry trade and, 244 Accounting systems for trade data, 41 Achieved level, role of, in CPE planning, 58, 61 Adaptability, lack of, in centrally planned economy, 58 Advertising: revealed comparative advantages and, 97, 128-31; role of, in centrally planned economies, 73-74. See also Marketing Aggregate goods: methodology for grouping, 92-99, 153-54; revealed comparative advantages and, 91-92 Agricultural trade patterns, 173-74 Albania: economic characteristics, 40; missing trade data on, 184-85; small impact of in economic analysis, 191-92 Allocative efficiency. See static efficiency Arrow-Debreu framework and Socialist economics , 5-6 "Austrian" theory of economic analysis, I3n.ll Average-cost pricing policies, 62-63; natural resources and, 179 Balassa, BeIa, 247-48 Behavioral patterns: as causes of economic trends, 192-93; in centrally planned economy , 55 Bergson's estimates of capital stocks, 16770 Bulgaria, 4On. 15, 128-29, 169-70, 172, 174 Bureaucracy: competitive model and socialist economies, 12; incentive systems and, 6365 ; market efficiency and, 16; role of in blocking innovation, 14-15; role of, in centrally planned economies, 58-59, 61; technology levels and, 65-67 Business concentration, 61; revealed comparative advantages and, 95, 116, 118-19 Buy-back agreements, informational asymmetry and, 52 Capital-labor ratio, CPE trade patterns and, 167-70 Capital stock: accumulation of, in CPES, 7 1 72 ; calculation methodology for, 42; CPE trade patterns and, 167-70; as factor endowment , 38; technology levels and, 6667 ; time series estimates, 176-78 Capital undervaluation, role of, in centrally planned economy, 62-63 Central government expenditures, robustness of efficiency estimates and, 218-19 Centralization of decision-making: achieved level planning and, 61; dominance of, in centrally planned economies, 56-57; technology development and, 70-71 Centrally planned economy (CPE): choice of term, 5; free entry and, 20; institutions in, 56-60; international trade and, 53-56; producer decision-making and, 60-65; resource endowments, 156-58, 162-66 Chinese trade statistics, as missing data, 184-85 Coal endowment: calculation methodology for, 43; as factor endowment, 39; time series analysis of trade patterns and, 182 Cobb-Douglas production functions, 163 Coherency concept and trade patterns, 19496 , 209-10 Cold land endowment: calculation methodology for, 43; CPE countries located in, 172-73; as factor endowment, 39 Commodity groups, trade data and, 142n.l Commodity structure, analysis of trade in centrally planned economies and, 53-54 Competitive paradigm: limitations of, 9-13; neoclassical theory, 6 Consumption patterns: cross-national comparisons , 55; income levels and, 135-38; vs. investment, 75-76; revealed compara- 268 Index Consumption patterns (continued) tive advantages and, 97, 131-35; structure of, in CPES, 76-77; weak quality requirements in CPES, 54-55 Convenience goods: revealed comparative advantages and, 96, 125-26; in market economies vs. centrally planned economies , 138 Cost patterns: of hierarchy and centralization , 70-71; technology levels and, 66-67 tion, 70-71; technology levels and, 66-67 Council for Mutual Economic Assistance (CMEA): resource endowment levels, 158— 59 as source of trade data, 26-27 Country characteristics: classifications for econometric analysis, 39; goodness-of-fit of estimates of 149-52; international trade patterns and, 143-44; revealed comparative advantages and, 89-90; size and economies of scale, 52-53; static efficiency and, 216-17 Czechoslovakia: compared with East Germany , 113-15, 192; fuel estimates for, 189; international trade patterns in, 101, 105; intraindustry trade in, 106; product differentiation and RCA, 119-21 "Data-omission theory," 182-92; crosscountry comparisons, 189-92; endowment estimate interpretation and, 249-53 Debt problems and consumption patterns, 135 Decentralization: decision-making hierarchies and, 8-10; innovation and, 14-15 Decision-making environment: in centrally planned economy, 55; efficiency indicators and, 61-62; hierarchy in socialist economy, 8-10; by producers in CPES, 60-65 Decision rules, incentives and, 9n.7 Demand side factors: consumption patterns in CPES and, 76-77; elasticities and revealed comparative advantages and, 37; incentives and, 63-65; quality standards and, 54-55; role in Heckscher-Ohlin model equations, 238-39; role in PE model equations, 239; shortages in CPES and, 77-78 "Direct" technology transfer, defined, 16n.l9 Diseconomies of scale, 70, 106, 108-10; revealed comparative advantages and, 94, 108, 110 Divergence from policy, static efficiency and trade data, 210-12 Dry land endowment: calculation methodology for, 43; as factor endowment, 39 Eastern Europe: arable land in, 172-73; biases in mirror trade statistics, 186; business concentration and, 118-19; data omission and trade patterns with Soviet Union...

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Additional Information

ISBN
9781400860869
MARC Record
OCLC
889251668
Pages
290
Launched on MUSE
2015-01-01
Language
English
Open Access
No
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