On the Estimation of Disaggregate Welfare Losses with an Application to Price Distortions in Urban Transport.

I have attempted to provide an explanation and approximate analytical generalization of Bergson's (1973) results. I have shown that in estimating welfare losses due to price distortions it is important to work at the most disaggregate level possible and to take full account of cross-price elasticiti...

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Bibliographic Details
Published in:American Economic Review Vol. 69; no. 4; pp. 739 - 747
Main Author: Glaister, Stephen
Format: Article
Published: American Economic Association Sep79
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Online Access:View this record in EBSCOhost