THE ECONOMICS OF SHADOW PRICING: MARKET DISTORTIONS AND PUBLIC INVESTMENT

Peter Warr

No 14116, Staff Papers from University of Minnesota, Department of Applied Economics

Abstract: This paper explores the background to an important issue in applied welfare economics -- how the commodities used and produced by public projects should be valued in choosing among alternative modes of production.

Keywords: Public; Economics (search for similar items in EconPapers)
Pages: 34
Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umaesp:14116

DOI: 10.22004/ag.econ.14116

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