Measurement of welfare changes caused by large price shifts:an issue in the power sector.
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TextPublication details: Washington : World Bank, 1995.Subject(s): Summary: 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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