The Kornai effect and soft budget constraints

被引：6

作者：

Pun, WC ^{[1
]}

机构：

[1] LINGNAN COLL,TUEN MUN,NT,HONG KONG

来源：

JOURNAL OF COMPARATIVE ECONOMICS | 1995年 / 21卷 / 03期

关键词：

D O I：

10.1006/jcec.1995.0004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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. (C) 1995 Academic Press, Inc.

引用

页码：326 / 335

页数：10

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