The Review of Economics and Statistics Vol. 64 No. 3 1982
Estimates of the Disequilibria in Poland's Consumer Markets, 1965-1978
open access
Abstract
One of the aspects of the economic difficulties Poland is experiencing is an acute shortage of consumer goods. Since the per capita consumption of particular goods has been relatively high, the source of trouble arises from the wrong structure of prices that are (administratively) set. The aim of this paper is to evaluate the equilibrium prices for main groups of commodities for the period 1965-1978. Concurrently, the estimates of the quantity-term disequilibria are computed. The analysis are based on the Extended Linear Expenditure Systems for Ireland and Italy adjusted to the historical data for Poland.
- DOI
- 10.2307/1925940
- Volume
- 64
- Issue
- 3
- Pages
- 423
- Sources
- crossref openalex