On Setting Prices for Public Sector Manufacturing Goods in India

Raghbendra Jha, M. Narasimha Murty, Satya Paul

    Research output: Contribution to journalArticle

    Abstract

    An examination of budgetary policies reveals that second best pricing rules that take into account revenue, efficiency and equity objectives of government and recognise the existence of alternative sources of revenue to government may provide a suitable framework for setting public sector prices in India. In this paper the authors use such a pricing model for estimating optimal prices for certain manufacturing commodities.
    Original languageEnglish
    Pages (from-to)M2-M6
    JournalEconomic and Political Weekly
    Volume26
    Issue number8
    Publication statusPublished - 1991

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