A Complete Set of Shadow Prices for Pakistan:Illustrations for 1975-76
A consistent set of economy-wide shadow prices for Pakistan is presented, based on input- utput flows for the mid-1970s. This provides broad parameters for policy at the sectoral level, with indications as to which sectors should be encouraged under alternative assumptions concerning the behaviour of factor markets. Further, these parameters are useful as inputs for project evaluation. A number of agricultural and manufacturing sectors are identified as being socially profitable. Finally, the shadow prices will be taken as parameters in a tax reform exercise.
Volume (Year): 27 (1988)
Issue (Month): 1 ()
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- P. A. Diamond & J. A. Mirrlees, 1975.
"Private Constant Returns and Public Shadow Prices,"
151, Massachusetts Institute of Technology (MIT), Department of Economics.
- Ahmad, Ehtisham & Stern, Nicholas, 1984. "The theory of reform and indian indirect taxes," Journal of Public Economics, Elsevier, vol. 25(3), pages 259-298, December.
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