Post-communist recessions re-examined

Research output: 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 languageEnglish
Place of PublicationLondon (UK)
PublisherUniversity College London
Number of pages24
Publication statusPublished - Jun 2005

Publication series

NameEconomics working paper
PublisherUCL SSEES : Centre for comparative economics
No.55

Fingerprint

liberalization
econometrics
stabilization
method
programme

Keywords

  • transition
  • recession

Cite this

Mickiewicz, T. (2005). Post-communist recessions re-examined. (Economics working paper; No. 55). London (UK): University College London.
Mickiewicz, Tomasz. / Post-communist recessions re-examined. London (UK) : University College London, 2005. (Economics working paper; 55).
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Mickiewicz, T 2005 'Post-communist recessions re-examined' Economics working paper, no. 55, University College London, London (UK).

Post-communist recessions re-examined. / Mickiewicz, Tomasz.

London (UK) : University College London, 2005. (Economics working paper; No. 55).

Research output: Working paper

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T1 - Post-communist recessions re-examined

AU - Mickiewicz, Tomasz

PY - 2005/6

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N2 - 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).

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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Mickiewicz T. Post-communist recessions re-examined. London (UK): University College London. 2005 Jun. (Economics working paper; 55).