Equality, Participation, Transition: Essays in Honour of Branko Horvat

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3 Who defines it as ‘ … a sustained increase in per capita or per worker product, most often accompanied by an increase in population and usually sweeping structural change’ (Kuznets, 1966:1). 4 All growth rate data come from EBRD Transition reports for various years; the 1998 rate is an estimate. 5 The other main innovation concerns introduction of a larger number of factors of production (for example, human capital). References Ivo Bićanić 199 Aslund A., Boone, P. and Johnson, S. (1996) ‘How to Stabilize: Lessons from Post-Communist Countries’, Brookings Papers in Economic Activity, Washington DC, pp. 217–313. Barro, R. and Sala-I-Martin, X. (1995) Economic Growth, Boston: McGraw Hill. Bićanić, I. (1995) ‘The Economic Causes of New State Formation During the Transition’, East European Politics and Society, 9(1): 2–21. Blanchard, O. (1997) The Economics of Post-Communist Transition, Oxford: Clarendon Press. Boltho, A. and Holtham, G. (1992) ‘The Assessment: New Approaches to Economic Growth’, Oxford Review of Economic Policy, 8(4): 1–14. Chirot, D. (ed.) (1989) The Origins of Backwardness in Eastern Europe, Berkeley: California UP. Coricelli, F., di Matteo, M. and Hahn, F. (eds) (1998) New Theories in Growth and Development, London: Macmillan. Cornia, G. and Popov V. (1998), ‘Transition and Long-term Growth: Conventional versus Non-conventional Determinants’, MOCT–MOST, 8: 7–32. Crafts, N. (1995) ‘The Golden Age of Economic Growth in Western Europe 1950–1973’, Economic History Review, 48(3): 429–47. Crafts, N. and Toniolo, G. (eds) (1996) Economic Growth in Europe Since 1945, Cambridge: Cambridge UP. EBRD (1998) Transition Report 1998, London: EBRD. Ellman, M. (1997) ‘The Political Economy of Transformation’, Oxford Review of Economic Policy, 13(2): 23–32. Fish, S. (1998) ‘The Determinants of Economic Reform in the Post-Communist World’, East European Politics and Societies, 12(1): 31–78. Gomulka, S. (1998) ‘Output: Causes of the Decline and the Recovery’, CASE–CEU Working paper no. 8, Warsaw. Good, D. (1994) ‘The Economic Lag of Central and Eastern Europe: Income Estimates for Habsburg Successor States 1870–1910’, The Journal of Economic History, 54(4): 869–91. Islan, N. (1995) ‘Growth Empirics: A Panel Data Approach’, Quarterly Journal of Economics, 110: 1127–70. Jones, C. (1995) ‘Time Series Tests of Endogenous Growth Models’, Quarterly Journal of Economics, 110(May): 495–525. Jones, C. (1997) ‘On the Evolution of the World Income Distribution’, Journal of Economic Perspectives, 11(3): 19–36. Kuznets, S. (1966) Modern Economic Growth, New Haven: Yale UP.
200 Growth Theory and Transition Economies Lewis, A. (1978) Growth and Fluctuations 1870–1913, London: George Allen and Unwin. McMahan, G. (ed.) (1996) Lessons in Economic Policy for Eastern Europe from Latin America, London: MacMillan. de Melo, M., Denizer, C. and Gelb, A. (1996) ‘Patterns of Transition from Plan to Market’, The World Bank Economic Review, 10(3): 397–424. Mokyr, J. (1990) The Lever of Riches, Oxford: Oxford UP. Pritchett, L. (1997) ‘Divergence, Big Time’, Journal of Economic Perspectives, 11(3): 3–17. Quah, D. (1996a) ‘Twin Peaks: Growth and Convergence in Models of Distribution Dynamics’, Economic Journal, 106:1045–55. Quah, D. (1996b) ‘Empirics for Economic Growth and Convergence’, European Economic Review, 40: 1353–75. Sala-I-Martin, X. (1996) ‘The Classical Approach to Convergence Analysis’, Economic Journal, 106: 1019–36. Solow, R. (1997) Learning from ‘Learning by Doing,’ Stanford: Stanford UP. Tortella, G. (1994) ‘Patterns of Economic Retardation and Recovery in Southwestern Europe in the Nineteenth and Twentieth Centuries’, Economic History Review, 47: 1–21. Woo, W. T., Parker, S. and Sachs, J. (eds), (1997) Economies in Transition: Comparing Asia and Eastern Europe, Cambridge: MIT Press. World Bank (1996) From Plan to Market: World Development Report 1996, Oxford: Oxford University Press.
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Equality, Participation, Transition
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First published in Great Britain 20
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vi Contents 9 Self-Management, Empl
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List of Figures 02.1 First Law of O
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x Foreword institution most dear to
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Notes on the Contributors Ivo Bića
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xiv Notes on the Contributors membe
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xvi Notes on the Contributors done
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xviii Notes on the Contributors pri
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Introduction: Branko Horvat - Beyon
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xxii Introduction Dame (1978), Univ
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xxiv Introduction theory led him to
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xxvi Introduction though friendly,
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xxviii Introduction The second pape
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xxx Introduction disciplines such a
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Branko Horvat: Select Bibliography
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xxxiv Branko Horvat: Select Bibliog
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xxxvi Branko Horvat: Select Bibliog
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xxxviii Branko Horvat: Select Bibli
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2 Horvat’s Contributions to Econo
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10 Horvat’s Contributions to Econ
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2 Individual Initiative, Entry and
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28 Egalitarianism On Its Own Thomas
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30 Egalitarianism On Its Own projec
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32 Egalitarianism On Its Own absenc
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34 Egalitarianism On Its Own tithin
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36 Egalitarianism On Its Own what s
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38 Egalitarianism On Its Own 100% 9
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40 Egalitarianism On Its Own contri
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42 Egalitarianism On Its Own anothe
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44 Egalitarianism On Its Own politi
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46 Egalitarianism On Its Own Eckel,
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4 Determinants of Cross-Country Inc
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50 Determinants of Income Inequalit
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56 GINI GINI 65 60 55 50 45 40 35 3
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Table 4.2 The regressions: dependen
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5 Illyrian Theories of Cooperative
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92 Employee Participation in Enterp
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EMPLOYEE RETURN ONLY PROFIT PROFIT
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100 Employee Participation in Enter
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7 Employee Involvement and the Mode
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104 Employee Involvement and the Mo
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8 Uneasy Symbiosis of a Market Econ
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120 Market Socialism in Yugoslavia
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146 Self-Management, Employee Owner
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Page 189 and 190: Table 9.1 Methods of privatization
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Page 241 and 242: 202 Index economic growth - continu
Page 243 and 244: 204 Index Horvat, Branko - continue
Page 245 and 246: 206 Index neoclassical economics -
Page 247 and 248: 208 Index ‘third way’, 88, 104
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Equality, Participation, Transition: Essays in Honour of Branko Horvat

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