The Disequilibrium Model in a Controlled Economy: Reply and Further Results
回应Katz和Nissanke对作者将Barro-Grossman非均衡模型应用于苏联的批评,并补充1976年文章后的新实证结果,显示苏联数据与模型预测一致。
Barbara Katz and Machiko Nissanke have presented two comments that are critical of my application of the Barro-Grossman disequilibrium model to the Soviet Union. In the empirical work reported in my 1976 article, I found that the disequilibrium model performed well in that the Soviet data were consistent with the model's predictions. In the present paper, I will not only reply to the criticisms in the Katz and Nissanke papers, but will also report some additional results.