Economics of Planning
1573-0808
0013-0451
Cơ quản chủ quản: N/A
Phân tích ảnh hưởng
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Our data on investment in Central and Eastern European economies reveal that, though investment rates were typically high in the 1970s, the marginal efficiency of investment was low. Investment shares begun to decline in the 1980s, before the collapse of the communist system, but there was some recovery in most countries after transition. We use the Kalman filter framework to test for convergence ......