Income redistribution through commodity programmes and the marginal welfare cost of taxation

Most economic welfare analysis of farm programmes are usually computed based on the assumption that the social opportunity cost of a dollar of public spending is equivalent to a dollar of private income. The approach simplifies the analysis but ignores the welfare cost of distortion caused by collec...

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Bibliographic Details
Main Author: Baharumshah, Ahmad Zubaidi
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 1992
Online Access:http://psasir.upm.edu.my/id/eprint/37647/1/Income%20redistribution%20through%20commodity%20programmes%20and%20the%20marginal%20welfare%20cost%20of%20taxation.pdf