Mathematical Model of the Impact of Price Liberalization on Economical Power in Transition Economies Cover Image

Mathematical Model of the Impact of Price Liberalization on Economical Power in Transition Economies
Mathematical Model of the Impact of Price Liberalization on Economical Power in Transition Economies

Author(s): Asta Krutejevaitė-Rimkevičienė, Žilvinas Žilinskis
Subject(s): Economy
Published by: Vytauto Didžiojo Universitetas
Keywords: price liberalization; transition economies; economic growth; economic power.

Summary/Abstract: A mathematical model presented in the paper gives a possibility for the quantitative estimation of decisions in economic policy, i.e. for the calculation of the market price liberalization impact on the growth of economical power in countries of transition economy. The model of a specific situation that allows to evaluate the effectiveness of decisions between two countries that simultaneously make transition from centralized to market economy, but take different liberalization speeds, is taken into consideration.

  • Issue Year: 2004
  • Issue No: 29
  • Page Range: 227-234
  • Page Count: 8
  • Language: English