Resource Misallocation and Mark-ups: An Alternative Estimation Technique for Harberger Triangles
January 1997
Article
volume 54 pp 165-167.
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Roeger's method (Roeger, 1995), which analyses the relationship between primal and dual productivity measures, can also be used to directly estimate from readily available data the static welfare loss due to a suboptimal allocation of the factors of production.
Keywords
Classifications using
Journal of Economic Literature (JEL) Classification System
- L70 : Industry Studies: Primary Products and Construction: General
- L60 : Industry Studies: Manufacturing: General
- D61 : Allocative Efficiency; Cost Benefit Analysis
- L80 : Industry Studies: Services: General
- L90 : Industry Studies: Transportation and Utilities: General
Automatically Extracted Terms
- welfare loss
- mark-up
- price
- welfare
- estimate
- dutch
- cost function
- competition
- 71-90
- table
- sector
- ratio
- industry
- bergeijk
- weight loss
- van dijks
- turnover
- suboptimal allocation
- roeger
- productivity measures
