Structural and Macroeconomic Determinants of the Output Decline in Poland: 1990-91
This paper addresses two questions relating to the output decline in Poland since the initiation of market-oriented reforms at the beginning of 1990. First, to what extent is the decline in output a generalized phenomenon, rather than reflecting the short-term effects of resource reallocation in res...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1992
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Schriftenreihe: | IMF Working Papers
Working Paper No. 92/86 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper addresses two questions relating to the output decline in Poland since the initiation of market-oriented reforms at the beginning of 1990. First, to what extent is the decline in output a generalized phenomenon, rather than reflecting the short-term effects of resource reallocation in response to the new relative price structure? Second, what have been the main macroeconomic determinants of the output decline? In response to the first question, the paper finds relatively little evidence to favor a "structural change" view of the output decline. As far as the second question is concerned, the paper finds that both supply-side and demand-side factors have played a role, depending on the specific time period being considered |
Beschreibung: | 1 Online-Ressource (36 p) |
ISBN: | 1451850794 9781451850796 |
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spelling | Ostry, Jonathan David Verfasser aut Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 Ostry, Jonathan David Washington, D.C International Monetary Fund 1992 1 Online-Ressource (36 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 92/86 This paper addresses two questions relating to the output decline in Poland since the initiation of market-oriented reforms at the beginning of 1990. First, to what extent is the decline in output a generalized phenomenon, rather than reflecting the short-term effects of resource reallocation in response to the new relative price structure? Second, what have been the main macroeconomic determinants of the output decline? In response to the first question, the paper finds relatively little evidence to favor a "structural change" view of the output decline. As far as the second question is concerned, the paper finds that both supply-side and demand-side factors have played a role, depending on the specific time period being considered Online-Ausg Borensztein, Eduardo Sonstige oth http://elibrary.imf.org/view/IMF001/06530-9781451850796/06530-9781451850796/06530-9781451850796.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ostry, Jonathan David Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 |
title | Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 |
title_auth | Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 |
title_exact_search | Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 |
title_exact_search_txtP | Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 |
title_full | Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 Ostry, Jonathan David |
title_fullStr | Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 Ostry, Jonathan David |
title_full_unstemmed | Structural and Macroeconomic Determinants of the Output Decline in Poland 1990-91 Ostry, Jonathan David |
title_short | Structural and Macroeconomic Determinants of the Output Decline in Poland |
title_sort | structural and macroeconomic determinants of the output decline in poland 1990 91 |
title_sub | 1990-91 |
url | http://elibrary.imf.org/view/IMF001/06530-9781451850796/06530-9781451850796/06530-9781451850796.xml |
work_keys_str_mv | AT ostryjonathandavid structuralandmacroeconomicdeterminantsoftheoutputdeclineinpoland199091 AT borenszteineduardo structuralandmacroeconomicdeterminantsoftheoutputdeclineinpoland199091 |