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Resource-Constrained versus Demand-Constrained Systems
Author(s): J. Kornai
Source: Econometrica, Vol. 47, No. 4 (Jul., 1979), pp. 801-819
Published by: The Econometric Society
Stable URL: /stable/1914132
Accessed: 21/06/2010 10:48
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E CO NO METRIC A
VOLUME 47 JULY, 1979 NUMBER 4
RESOURCE-CONSTRAINED VERSUS
DEMAND-CONSTRAINED SYSTEMS
BY J. KORNAI
In a socialist economy the shortage in consumer goods, housing shortage, disturbances in
material supply, shortage in investment goods, and la
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