Arbeitspapier
Transition from Plan to Market, Height and Well-Being
Using newly available data, we re-evaluate the impact of transition from plan to market in former communist countries on objective and subjective well-being. We find clear evidence of the high social cost of early transition reforms: cohorts born around the start of transition are shorter than their older or younger peers. The difference in height suggests that the first years of reform in former communist countries were accompanied by major deprivation. We provide suggestive evidence on the importance of three mechanisms which partially explain these results: the decline of GDP per capita, the deterioration of healthcare systems, and food scarcity. On the bright side, we find that cohorts that experienced transition in their infancy are now better educated and more satisfied with their lives than their counterparts. Taken together, our results imply that the transition process has been a traumatic experience, but that its negative impact has largely been overcome.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 12658
- Classification
-
Wirtschaft
Socialist Institutions and Their Transitions: Consumer Economics; Health; Education and Training: Welfare, Income, Wealth, and Poverty
Health and Inequality
General Welfare; Well-Being
Microeconomic Analyses of Economic Development
- Subject
-
transition from plan to market
structural reforms
height
well-being
Russia
- Event
-
Geistige Schöpfung
- (who)
-
Adsera, Alicia
Dalla Pozza, Francesca
Guriev, Sergei
Kleine-Rueschkamp, Lukas
Nikolova, Elena
- Event
-
Veröffentlichung
- (who)
-
Institute of Labor Economics (IZA)
- (where)
-
Bonn
- (when)
-
2019
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Adsera, Alicia
- Dalla Pozza, Francesca
- Guriev, Sergei
- Kleine-Rueschkamp, Lukas
- Nikolova, Elena
- Institute of Labor Economics (IZA)
Time of origin
- 2019