PRICE DECONTROL: THE MICROECONOMIC CASE FOR THE ‘BIG BANG’ APPROACH
从微观经济学角度论证快速全面放开价格是向市场经济转型的第一步，分析了消除短缺和排队对消费者福利的影响、国企垄断成本、中间品市场中断风险及相关政治经济问题。
The paper presents the microeconomic case for rapid and comprehensive price decontrol as the appropriate first step in the transition to the market. To make our point, we consider the likely impact of the "big bang" price decontrol on a (former) socialist economy, with particular attention to the welfare consequences for the consumer of eliminating shortages and queues, the costs of monopoly power of state enterprises, the possibility of major disruptions in the intermediate goods markets, and the politico-economic issues involved. Copyright 1991 by Oxford University Press.