The Welfare Evaluation of the Spanish Price Policy: An Integrated Approach
AbstractThe use of the economic surplus measures has been widespread in the welfare evaluation of trade distortions in agricultural markets. However, the criterion based on the sum of surplus areas can be ambiguous since it usually involves the implicit acceptance of a restrictive class of value judgments. This article approaches the evaluation of the Spanish agricultural pricing policy by means of A. Atkinson's (1970) welfare function, that makes clear the trade-off between efficiency and equity, and explicitly includes the policy maker's inequality aversion. Optimum levels of protection are estimated at various inequality-aversion levels. Copyright 1987 by Oxford University Press.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.
Volume (Year): 14 (1987)
Issue (Month): 1 ()
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Web page: http://www.erae.oupjournals.org/
More information through EDIRC
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.