TECHNOLOGICAL CHANGE AND WELFARE IN AN ECONOMY WITH DISTORTIONS

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dc.creatorPerrin, Richard K.
dc.creatorFulginiti, Lilyan E.
dc.date2017-04-01T20:19:06Z
dc.date.accessioned2026-07-09T03:33:47Z
dc.descriptionTraditional measures of the benefits of technological change use producer prices. Consumer-oriented measures are more appropriate but they require knowledge of price impacts. They may diverge in the presence of distortions. This paper shows that in general equilibrium they are interrelated differing by the price effect of the technological change.
dc.identifierdoi:10.22004/ag.econ.21013
dc.identifierhttps://ageconsearch.umn.edu/record/21013/files/spperr01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/21013
dc.identifier.urihttp://hdl.handle.net/123456789/535204
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/21013
dc.titleTECHNOLOGICAL CHANGE AND WELFARE IN AN ECONOMY WITH DISTORTIONS
dc.typeText

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