search query: @author Lloyd, P. J. / total: 2
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Author: | Lloyd, P. J. Schweinberger, A. G. |
Title: | Conflict generating product price changes: The imputed output approach |
Journal: | European Economic Review
1997 : AUG, VOL. 41:8, p. 1569-1587 |
Index terms: | PRICES CHANGE CONFLICT DISTRIBUTION |
Language: | eng |
Abstract: | A new approach to the generalization of the conflict generating effects of product price changes on household incomes and utilities is developed. It is based on the concepts of household production of goods and complementaries in production btw. households. Economy outputs are imputed to households. The imputed outputs may be negative or positive. The results are generalized to economies with increasing returns to scale industries. |
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