The town - versus - country problem : optimal pricing in an agrarian economy (English)

A simple model of an LDC focuses on the relationship between the rural and urban sector and on the effects of pricing on migration and on incentives within the rural and the urban sectors. Within this model, simple formulae for optimal pricing in the two sectors are derived, which relate the magnitude of taxes to parameters which are observable and to explicit value judgments concerning the relative weights attached to the welfare of those living...

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Author

Braverman, Avishay;

Sah, Raaj Kumar;

Stiglitz, Jos;
Document Date
1982/08/31
Document Type
Departmental Working Paper
Report Number
CPD8203
Volume No
1
Total Volume(s)
1
Country
China,
Region
East Asia and Pacific,
Disclosure Date
2017/11/15
Disclosure Status
Disclosed
Doc Name
The town - versus - country problem : optimal pricing in an agrarian economy
Keywords
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Citation

Braverman, Avishay; Sah, Raaj Kumar; Stiglitz, Jos.

The town - versus - country problem : optimal pricing in an agrarian economy (English). Country Policy Department discussion paper|no. CPD 8203 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/899751492122709280

The town - versus - country problem : optimal pricing in an agrarian economy (English)

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