Imagine that a project uses a locally produced, but potentially importable, input that has an artificially inflated

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Imagine that a project uses a locally produced, but potentially importable, input that has an artificially inflated price because of high import tariffs. What approach would be the most appropriate to proxy the shadow prices? Why?

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Applied Welfare Economics

ISBN: 978-1032022185

2nd Edition

Authors: Massimo Florio ,chiara Pancotti

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Question Posted: Jan 31, 2024 03:03 AM

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Imagine that a project uses a locally produced, but potentially importable, input that has an artificially inflated

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The most appropriate approach to proxy the shadow prices in this context would be to use the world p...View the full answer

Applied Welfare Economics

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