Robson, Alex - In: Economic Papers 33 (2014) 1, pp. 29-35
type="main" xml:id="ecpa12066-abs-0001" <p>It is well known that when there are existing distortions in related markets, partial equilibrium estimates of the welfare costs of new distortions using the standard “Harberger triangle” may be misleading (Goulder & Williams, [Goulder, L., 2003]). We...</p>