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Measurement of welfare changes caused by large price shifts:an issue in the power sector.

By: Bacon, Robert.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1995Subject(s): Power Industry | Developing countries -- Welfare economics. -- Developing countries -- Welfare economicsSummary: This paper discusses the problems of measuring welfare changes brought about by large price increases or decreases, such as occur in the power sector when tarrifs are raised to cover long-run costs, or when electrification displaces more expensive alternatives.
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This paper discusses the problems of measuring welfare changes brought about by large price increases or decreases, such as occur in the power sector when tarrifs are raised to cover long-run costs, or when electrification displaces more expensive alternatives.

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