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  • Price disparities in Slovenia
    Žižmond, Egon
    The aggregate level of Slovene producer and retail prices as compared with corresponding Italian prices decreased during the period 1985 to 1988. This was the consequence of a faster depreciation of ... the dinar exchange rate if compared with relative price growth. From 1988 until April 1990 the movements of prices and exchanges rates were different: prices grew faster than the dinar exchange rate when compared with the Italian lira. The result was an increase of the aggregate level of Slovene prices which were included in the research samples. It was established that substantial disparities between prices existed in the Slovene economy where the disparities have been established on the basis of corresponding Italian prices and their relations. The main causes for disparities were numerous ideological and political restrictions and the administrative regulation of the economy which did not render possible the formation of balanced prices of production factors or it hindered the application of certain production factors. This enabled relatively low prices for products of lower processing levels (and vice versa) compared with countries with market economy. The predominant part of price disparities in Slovenia was thus a result of systemic and economic-political reasons (administrative prices, turnover tax rates, etc.). We can conclude that changes of the economic system in Slovenia, which is becoming an independent state, will also affect relative price levels. Therefore we cannot form the development strategy on the basis of price disparities established.
    Vrsta gradiva - raziskovalno poročilo
    Založništvo in izdelava - Maribor : The Faculty of Economics and Business Administration, Institute for Economic Diagnosis and Prognosis, 1992
    Jezik - angleški
    COBISS.SI-ID - 1261596

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