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Identifier to cite or link to this item: https://hdl.handle.net/10086/18296

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Title
Money in the Soviet Administrative Command Economy : A quantitative analysis
Creator
Creator Name
Nakamura, Yasushi Nakamura, Yasushi
中村, 靖 中村, 靖
ナカムラ, ヤスシ ナカムラ, ヤスシ
Affiliation
Affiliation Name
Yokohama National University
Editor
Contributor Name
社会科学の高度統計・実証分析拠点構築 = Research Unit for Statistical and Empirical Analysis in Social Sciences
Abstract
This paper quantitatively examined the relation between money and real economy in the Soviet economy. The institutional and historical analysis of the Soviet monetary management yielded the tasks of quantitative analysis. The quantitative analysis showed that the institutional division of cash and non-cash was effective, demand for cash was not predictable, and there was no significant relation between money and real production. This result suggested that the Soviet monetary management relying on some vague money supply target could not function well and only the control on wage which was supported by the division of cash and non-cash could weakly ceil money supply. A fundamental problem of the Soviet economy seemed that a mechanism to bridge between money and real economy was lacked, while money was used. It is, therefore, difficult to regard the Soviet economic system as an complete economic system equivalent to the market economy.
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2010-02
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Global COE Hi-Stat Discussion Paper Series No. 111
Relation
Related Identifier
URI
  http://gcoe.ier.hit-u.ac.jp/english/index.html
Number of Pages
57
Sponsorship
グローバルCOEプログラム = Global COE Program
Appears in Collections
Global COE Hi-Stat Discussion Paper Series
URL
https://hdl.handle.net/10086/18296