Schmitz, Andrew; Schmitz, Troy G. - In: Journal of Benefit-Cost Analysis 1 (2010) 1
Benefit-cost (B/C) analysis must take into account the distributional effects from a policy or program change. To highlight this, we focus on the theory of production quota buyouts within a B/C framework. As an empirical application, we provide evidence on the distributional effects of the U.S....