Relative price shifts, economies of scale and poverty during economic transition

Economic transition is associated with significant shifts in relative prices between private and public goods. If, as a result, public goods claim a larger share of total expenditures, economies of scale in consumption increase. We show how relative price changes might alter the welfare of different...

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Veröffentlicht in:The economics of transition 2004, Vol.12 (3), p.509-536
Hauptverfasser: Lanjouw, Jean O., Lanjouw, Peter, Milanovic, Branko, Paternostro, Stefano
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Sprache:eng
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