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Policy reform, shadow prices, and market prices

著者: Jean Drèze; N H Stern; International Monetary Fund.
出版: [Washington, D.C.] : International Monetary Fund, 1988.
シリーズ: IMF working paper, WP-88-91.
エディション/フォーマット:   book_printbook : Englishすべてのエディションとフォーマットを見る
データベース:WorldCat
概要:
How should possible policy reforms and projects be assessed when prices give misleading signals? Revenues and costs at market prices then give distorted measrres of social gains and losses and our appraisal should use social opportunity costs, or correctly defined, shadow prices. We show how shadow prices may be integrated into an analysis of tax and price reform, demonstrate the critical dependence of these prices  続きを読む
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ドキュメントの種類: 図書
すべての著者/寄与者: Jean Drèze; N H Stern; International Monetary Fund.
OCLC No.: 19772343
注記: "October 18, 1988."
物理形態: 50 pages : illustrations ; 28 cm.
シリーズタイトル: IMF working paper, WP-88-91.
責任者: prepared by Jean Dréze and Nicholas Stern.

概要:

How should possible policy reforms and projects be assessed when prices give misleading signals? Revenues and costs at market prices then give distorted measrres of social gains and losses and our appraisal should use social opportunity costs, or correctly defined, shadow prices. We show how shadow prices may be integrated into an analysis of tax and price reform, demonstrate the critical dependence of these prices on government policy, and analyze their relations with market prices. A conceptual framework for applied analysis is provided plus a detailed theoretical account of policy in a model with some fixed prices, rationing, and taxation.

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