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Shadow Pricing And Choice Of Technique: An Application To Indonesian Rice Milling

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  • Warr, Peter G.

Abstract

This paper attempts to explore the implications of shadow pricing for the evaluation of four investment alternatives recently faced by the government of Indonesia. The shadow pricing procedure adopted involves a welfare accounting exercise which attempts to estimate the social benefits and costs of public production or use of commodities in the presence of market distortions.

Suggested Citation

  • Warr, Peter G., 1975. "Shadow Pricing And Choice Of Technique: An Application To Indonesian Rice Milling," Staff Papers 13452, University of Minnesota, Department of Applied Economics.
    • Handle: RePEc:ags:umaesp:13452
    DOI: 10.22004/ag.econ.13452
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    Crop Production/Industries;

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