Measuring welfare changes from community price stabilisation in small open economies.
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TextSeries: Working papersPublication details: Washington : World Bank, 1992.Subject(s): Summary: 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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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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