Relative living standards in new market economies: Evidence from Central Asian household surveys

Simple item page
dc.contributor.authorAnderson, K.
dc.contributor.authorPomfret, R.
dc.date.issued2002
dc.descriptionCopyright © 2008 Elsevier B.V.
dc.description.abstractWe examine household data from the Central Asian successor states to the Soviet Union to analyze how living standards are determined in newly established market economies. Three variables, namely location, children, and university education, are consistently significant across all four countries studied and play the largest role in determining household expenditure. The first two are of special significance to Central Asia, with its relative economic backwardness and high birth rate, but the importance of high-level general-purpose education appears to be a ubiquitous but underappreciated factor. Higher returns to education were expected in a market economy, but few observers distinguish between types of education; in the shift from central planning people with high-level general-purpose education have been best able to take advantage of new opportunities, while narrower technical education, by contrast, has left many with obsolete skills yielding zero returns in the market.
dc.description.urihttp://www.elsevier.com/wps/find/journaldescription.cws_home/622864/description#description
dc.identifier.citationJournal of Comparative Economics, 2002; 30(4):683-708
dc.identifier.doi10.1006/jcec.2002.1803
dc.identifier.issn0147-5967
dc.identifier.orcidPomfret, R. [0000-0002-1950-5856]
dc.identifier.urihttp://hdl.handle.net/2440/2186
dc.language.isoen
dc.publisherAcademic Press Inc Elsevier Science
dc.source.urihttps://doi.org/10.1006/jcec.2002.1803
dc.titleRelative living standards in new market economies: Evidence from Central Asian household surveys
dc.typeJournal article
pubs.publication-statusPublished

Files

Collections

Economics publications