Post-communist recessions re-examined

Tomasz Mickiewicz

Post-communist recessions re-examined

Economics, Finance and Entrepreneurship

Research output: Preprint or Working paper › Working paper

Abstract

We apply simple econometric methods to evaluate the factors that determined the length and depth of the post-Communist recessions. Early implementation of the stabilisation and liberalisation programmes made the recessions weaker. Wars had strong negative impact. Initial trade dependence made recessions more serious. The results are discussed with reference to the existing explanations of the 'transitional recessions', in particular Calvo and Coricelli (1992, 1993), Blanchard and Kremer (1997) and Blanchard (1997).

Original language	English
Place of Publication	London (UK)
Publisher	University College London
Number of pages	24
Publication status	Published - Jun 2005

Publication series

Name	Economics working paper
Publisher	UCL SSEES : Centre for comparative economics
No.	55

Keywords

transition
recession

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Post-communist recessions re-examinedFinal published version, 193 KBLicence: CC BY 3.0

http://discovery.ucl.ac.uk/17514/1/17514.pdf

Cite this

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abstract = "We apply simple econometric methods to evaluate the factors that determined the length and depth of the post-Communist recessions. Early implementation of the stabilisation and liberalisation programmes made the recessions weaker. Wars had strong negative impact. Initial trade dependence made recessions more serious. The results are discussed with reference to the existing explanations of the 'transitional recessions', in particular Calvo and Coricelli (1992, 1993), Blanchard and Kremer (1997) and Blanchard (1997).",

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AB - We apply simple econometric methods to evaluate the factors that determined the length and depth of the post-Communist recessions. Early implementation of the stabilisation and liberalisation programmes made the recessions weaker. Wars had strong negative impact. Initial trade dependence made recessions more serious. The results are discussed with reference to the existing explanations of the 'transitional recessions', in particular Calvo and Coricelli (1992, 1993), Blanchard and Kremer (1997) and Blanchard (1997).

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BT - Post-communist recessions re-examined

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Post-communist recessions re-examined

Abstract

Publication series

Keywords

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Cite this