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Policy reform, shadow prices, and market prices

作者: Jean Drèze; N H Stern; International Monetary Fund.
出版商: [Washington, D.C.] : International Monetary Fund, 1988.
叢書: IMF working paper, WP-88-91.
版本/格式:   Print book : 英語所有版本和格式的總覽
資料庫:WorldCat
提要:
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  再讀一些...
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文件類型: 圖書
所有的作者/貢獻者: Jean Drèze; N H Stern; International Monetary Fund.
OCLC系統控制編碼: 19772343
注意: "October 18, 1988."
描述: 50 pages : illustrations ; 28 cm.
叢書名: IMF working paper, WP-88-91.
責任: prepared by Jean Dréze and Nicholas Stern.

摘要:

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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Primary Entity

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    schema:about <http://id.loc.gov/authorities/subjects/sh2008102575> ; # Economic policy--Mathematical models
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