1996 Reports
Restructuring an Industry During Transition: A Two-Period Model
This paper develops the two-period model of enterprise shutdown during transition that was introduced in Ericson (1994). Its purpose is to provide a formal basis for the study of what Kornai (1994) has called the "transformation of the real structure of the economy" during the transition process. It focuses at the industry level of restructuring, taking a normative, industrial policy, perspective.
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econ_9697_003.pdf application/pdf 1.54 MB Download File
More About This Work
- Academic Units
- Economics
- Publisher
- Department of Economics, Columbia University
- Series
- Department of Economics Discussion Papers, 9697-03
- Published Here
- March 3, 2011
Notes
September 1996