(2001) More Impacts of Economic Reform in Poland: Welfare Changes within a Consistent Framework, March 2001. Iowa State University
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Impacts_Econmoic_OCR_.pdf File Size:5MB |
Abstract
The costs of shortages and rationing are not captured by standard consumer price indices. In this study, virtual prices for the rationed good are used to calculate a new cost of living index. the results for Poland show that from 1987 to 1992 the CLI that ignores the rationing effects is biased upward.
| Item Type: | Departmental Report |
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| Keywords: | cost of living index, economic reform, welfare, Poland |
| Subjects: | Business and industry > Economic development Business and industry > Economic forecasts Agriculture and food production |
| ID Code: | 43710 |
| Deposited By: | Margaret Barr |
| Deposited On: | 24 Mar 2023 13:12 |
| Last Modified: | 24 Mar 2023 13:12 |
| URI: | https://publications.iowa.gov/id/eprint/43710 |