Price adjustment under the table: Evidence on efficiency-enhancing corruption
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چکیده
منابع مشابه
Price adjustment under the table: Evidence on efficiency-enhancing corruption
Based on first-hand account, this paper offers evidence on price setting and price adjustment mechanisms that were illegally employed under the Soviet planning and rationing regime. The evidence is anecdotal, and is based on personal experience during the years 1960–1971 in the Republic of Georgia. The description of the social organization of the black markets and other illegal economic activi...
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ژورنال
عنوان ژورنال: European Journal of Political Economy
سال: 2007
ISSN: 0176-2680
DOI: 10.1016/j.ejpoleco.2007.01.001