Poverty-Reducing and Welfare-Improving Marginal Public Price and Price Cap Reforms

Paul Makdissi () and Quentin Wodon

Cahiers de recherche from Departement d'économique de l'École de gestion à l'Université de Sherbrooke

Abstract: This paper extends familiar results on the optimal pricing of publicly provided goods and price cap regulations in a stochastic dominance framework. The key advantage is that the assessment as to whether pricing or price cap reforms are poverty reducing or welfare improving is not contingent on any given social welfare function. Rather, robust assessments of the impact of reforms can be made for wide classes of ethical judgments.

Keywords: Poverty; social welfare; public prices; price caps (search for similar items in EconPapers)
JEL-codes: I31 I32 L43 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2001, Revised 2004
New Economics Papers: this item is included in nep-reg
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Citations: View citations in EconPapers (2)

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http://gredi.recherche.usherbrooke.ca/wpapers/04_04_pm.pdf (application/pdf)

Related works:
Journal Article: Poverty‐Reducing and Welfare‐Improving Marginal Public Price and Price Cap Reforms (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:shr:wpaper:04-04

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