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Measuring welfare changes from community price stabilisation in small open economies.

By: Coleman, J.R; Jones, C.
Material type: materialTypeLabelBookSeries: Working papers. Publisher: Washington : World Bank, 1992Subject(s): International trade | Commodity prices -- Economic conditions. -- Commodity prices -- Economic conditionsSummary: Uses an approach popularised by Newteny and Stiglitz (1981) to measure the welfare effects of a mean-presenting reduction in the domestic price variability of an imported commodity in a small open economy.
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Includes references.

Uses an approach popularised by Newteny and Stiglitz (1981) to measure the welfare effects of a mean-presenting reduction in the domestic price variability of an imported commodity in a small open economy.

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