J 2021

Growth Decomposition in the Socialist Czech Economy

SOUKUP, Marek and Libor ŽÍDEK

Basic information

Original name

Growth Decomposition in the Socialist Czech Economy

Authors

SOUKUP, Marek and Libor ŽÍDEK

Edition

DANUBE: Law and Economics Review, Berlin, Walter de Gruyter, 2021, 1804-6746

Other information

Language

English

Type of outcome

Article in a journal

Country of publisher

Poland

Confidentiality degree

is not subject to a state or trade secret

References:

Marked to be transferred to RIV

Yes

RIV identification code

RIV/00216224:14560/21:00119037

Organization

Ekonomicko-správní fakulta – Repository – Repository

EID Scopus

Keywords in English

Centrally Planned Economy; Economic Growth; Extensive Growth; Intensive Growth; Czech Republic

Links

GA20-23131S, research and development project.
Changed: 1/2/2026 00:51, RNDr. Daniel Jakubík

Abstract

In the original language

Economic growth in centrally planned economies was declining with the duration of these economic systems. There were multiple reasons for this development. Deeper insight can be provided by dividing economic growth into extensive and intensive parts. The goal of this article is to estimate the share of extensive and intensive aspects of economic growth in the socialist Czech economy in the last two decades of the socialist era (1970–1989). We conclude that the extensive growth in this period stood for approximately 55% of the overall growth. This figure is broadly twice higher than comparative numbers for the post-communist period.

Files attached