The Kornai Effect and Soft Budget Constraints
研究了软预算约束导致更高投入需求的科尔奈效应，在不同补贴率场景下给出了该效应存在的充分或充要条件。
The Kornai effect refers to situations where soft budget constraints lead to higher input demands. This paper studies the Kornai effect under different scenarios: nonrandom subsidy rate, random subsidy rate, and random and endogenous subsidy rate; and gives sufficient, sometimes necessary and sufficient, conditions for the Kornai effect to exist.