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The Distributional Impact of Price Changes in Hungary and the United Kingdom

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  • Newbery, David M

Abstract

In Soviet-type economies, commodity prices were distorted as part of the redistributive system of the state, but with the transition, prices have been liberalized and taxes made more uniform. Has this change adversely affected the distribution of purchasing power? This paper develops a new method of measuring the distributional impact of price changes by computing the distributional characteristics of commodities from household budget survey data and applies it to Hungary and the United Kingdom, finding that the distributional impacts over the past decade were negligible and not significantly different from zero in both cases. Copyright 1995 by Royal Economic Society.

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Bibliographic Info

Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 105 (1995)
Issue (Month): 431 (July)
Pages: 847-63

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Handle: RePEc:ecj:econjl:v:105:y:1995:i:431:p:847-63

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Cited by:
  1. Jason Loughrey & Cathal O’Donoghue, 2012. "The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2011," The Economic and Social Review, Economic and Social Studies, vol. 43(1), pages 31–66.
  2. Randall K. Filer & Jan Hanousek, 2001. "Data Watch: Research Data from Transition Economies," William Davidson Institute Working Papers Series 416, William Davidson Institute at the University of Michigan.
  3. Toba, Natsuko, 2007. "Welfare impacts of electricity generation sector reform in the Philippines," Energy Policy, Elsevier, vol. 35(12), pages 6145-6162, December.
  4. Paolo Liberati, 2001. "The Distributional Effects of Indirect Tax Changes in Italy," International Tax and Public Finance, Springer, vol. 8(1), pages 27-51, January.
  5. Eduardo Ley, 2001. "Whose Inflation? A Characterization of the CPI Plutocratic Gap," Public Economics 0110001, EconWPA, revised 20 Oct 2001.
  6. Stephen Pudney & Nikolay Markov & Robert Ackrill, . "Indirect Tax Reform in Bulgaria," Discussion Papers in European Economics 99/3, Department of Economics, University of Leicester.
  7. François Bourguignon & Amedeo Spadaro, 2006. "Microsimulation as a Tool for Evaluating Redistribution Policies," Working Papers 20, ECINEQ, Society for the Study of Economic Inequality.
  8. Rinaldo BRAU & Massimo FLORIO, 2004. "Privatisations as price reforms: Evaluating consumers' welfare changes in the U.K," Annales d'Economie et de Statistique, ENSAE, issue 75-76, pages 109-133.
  9. Mathew Adagunodo, 2013. "Petroleum Products Pricing Reform in Nigeria: Welfare Analysis from Household Budget Survey," International Journal of Energy Economics and Policy, Econjournals, vol. 3(4), pages 459 - 472.
  10. repec:ese:emodwp:em7-01 is not listed on IDEAS
  11. Massimo Florio & Rinaldo Brau, 2001. "Privatisations as price reforms: an analysis of consumers' welfare change in the U.K," Departmental Working Papers 2001-19, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  12. Alessandro Santoro, 2005. "Marginal commodity tax reforms: a survey," Public Economics 0508017, EconWPA.
  13. Mohsin, Asma & Zaman, Khalid, 2012. "Distributional effects of rising food prices in Pakistan: Evidence from HIES 2001–02 and 2005–06 survey," Economic Modelling, Elsevier, vol. 29(5), pages 1986-1995.
  14. Georgia Kaplanoglou, 2004. "Household Consumption Patterns, Indirect Tax Structures and Implications for Indirect Tax Harmonisation - A Three Country Perspective," The Economic and Social Review, Economic and Social Studies, vol. 35(1), pages 83-107.

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