Munich Personal RePEc Archive

Exploration of economic systems in the

transition period

Albu, Lucian-Liviu

January 1993

Online at https://mpra.ub.uni-muenchen.de/14085/

MPRA Paper No. 14085, posted 15 Mar 2009 16:00 UTC

Exploration of economic systems in the transition period

Lucian Albu

Abstract

The collapse of former communist regime in Central and Eastern Europe opened the

transition period from centrally planned to market oriented economies. Thus, the exploration

of economic systems in the special situation of transition has become an interesting research

topic. The exposition plan includes: 1) General Remarks; 2) Theoretical and Empirical

Premises; 3) Econometric Approach; 4) Proposals for Subsequent Research.

Keywords: econometric modeling; economic transition; catastrophe theory; potential

function; intangible investment

JEL classification: C52, E22, P21, P26

Note: This paper was presented at the International Workshop/Conference: Analytical Challenges in

Restructuring Post-Communist Economies – Marketisation, Demonopolization and International

Competition, The Catholic University of Leuven, LICOS, Leuven, Belgium, June 1992.

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