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How Redistribution Hurts Productivity in a Socialist Economy (Yugoslavia)

Milan Vodopivec

出版	World Bank Publications, 1990
URL	http://books.google.com.hk/books?id=bvwsf6rAfm8C&hl=&source=gbs_api
EBook	SAMPLE

註釋

In socialist economies, profitable firms are taxed to subsidize unprofitable ones, and productive workers subsidize unproductive workers. Yugoslav firms, Vodopivec concludes, produce less because of both types of redistribution.