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Observed Performance and Effects of Communism (view source)
Revision as of 18:53, September 26, 2018
, 18:53, September 26, 2018→top: HTTP --> HTTPS [#1], replaced: http://dx.doi.org → https://dx.doi.org
| first =
| first =
| title = Output performance under central planning: a model of poor incentives
| title = Output performance under central planning: a model of poor incentives
| url=http://dx.doi.org/10.1016/S0939-3625(03)00003-7
| url=https://dx.doi.org/10.1016/S0939-3625(03)00003-7
| accessdate =}}</ref>
| accessdate =}}</ref>
Measured by output and income, centrally planned economies tend to be less efficient free economies where output targets, and the means to meet them are made by a private sector. However, in some sectors, Communist nations such as the former [[USSR]] have led the West in the strength and quality of some defence and space technologies at times in history.
Measured by output and income, centrally planned economies tend to be less efficient free economies where output targets, and the means to meet them are made by a private sector. However, in some sectors, Communist nations such as the former [[USSR]] have led the West in the strength and quality of some defence and space technologies at times in history.