@DDPozhidaev There's this new paper we should be reading on Yugoslavia's economic growth https://t.co/vYt0dqeSk0
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RT @Kumar_EconIneq: Very interesting article about regional divergence in a 'decentralized' socialist economy (Yugoslavia) https://t.co/1Fh…
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RT @Kumar_EconIneq: Very interesting article about regional divergence in a 'decentralized' socialist economy (Yugoslavia) https://t.co/1Fh…
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"TFP gains in richer regions were high (~ 2% p.a. over 30 ys), esp. b/c the measured TFP gains presented exclude the effect of structural modernization." Poorer regions did not converge - "80% of income difference is accounted for by TFP" - lessons for EU