Poverty-Reducing and Welfare-Improving Marginal Public Price and Price Cap Reforms

This paper extends familiar results on the optimal pricing of publicly provided goods and price cap regulations in a stochastic dominance framework. The key advantage is that the assessment as to whether pricing or price cap reforms are poverty reducing or welfare improving is not contingent on any given social welfare function. Rather, robust assessments of the impact of reforms can be made for wide classes of ethical judgments.

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Year of publication:	2001
Authors:	Makdissi, Paul ; Wodon, Quentin
Institutions:	Département d'économique, Faculté d'administration
Subject:	Poverty \| social welfare \| public prices \| price caps

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Extent:	application/pdf
Series:	Cahiers de recherche.
Type of publication:	Book / Working Paper
Notes:	22 pages
Classification:	I31 - General Welfare; Basic Needs; Quality of Life ; I32 - Measurement and Analysis of Poverty ; L43 - Legal Monopolies and Regulation or Deregulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005467349