Prices, planners, and producers: an agency problem in Soviet industry, 1928-1950
成果类型：
Article
署名作者：
University of Warwick
刊物名称：
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN：
0022-0507
DOI：
10.1017/S0022050700021720
发表日期：
1998
页码：
1032-1062
关键词：
摘要：
Soviet planners developed the unchanged prices of 1926/27 to facilitate the solution of an agency problem-the regulation of self-interested producers as they worked to fulfill plans for heterogeneous products denominated in rubles. The system limited but did not eliminate producers' opportunistic behavior, which took the form of inflating the plan prices of new products. Through the 1930s and 1940s the ''unchanged prices proved resistant to reform, and following their abolition in 1950 the system was soon afterwards reinstated with a new base year. The history of the unchanged prices illustrates the limits of command.