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The Distributional Impact of Price Changes in Hungary and the United Kingdom

Bibliographic Data

ID9711673
AuthorsDavid Newbery (0000-0002-9499-2017, University of Cambridge, corresponding author), David M Newbery (0000-0002-0307-3489)
Year1995
Volume105
Issue431
Pages847
Publication date1995-07-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Economic Journal (JOURNAL)
Journal identifiersISSN: 0013-0133 • E-ISSN: 1468-0297
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.2307/2235154
OpenAlexW2022496385
LanguageEN
Citations received7
References cited3

In Soviet-type economies, commodity prices were distorted as part of the redistributive system of the state, but with the transition, prices have been liberalised and taxes made more uniform. Has this change adversely affected the distribution of purchasing power? The paper develops a new method of measuring the distributional impact of price changes by computing the distributional characteristics of commodities from household budget survey data, and applies it to Hungary and the United Kingdom, finding that the distributional impacts over the past decade were negligible and not significantly different from zero in both cases

Commodity · Distribution (mathematics · Economics · International economics · Macroeconomics · Market economy · Price level · Purchasing · Purchasing power · Relative price · Economic Growth and Productivity · Monetary Policy and Economic Impact · Russia and Soviet political economy

  • UK Privatization and Household Welfare

    Paolo Liberati•FinanzArchiv•2005

  • The distribution of the tax burden and the income distribution

    Open Access•Corrado Benassi, Emanuela Randon•Economia Politica•2020

  • Microsimulation as a tool for evaluating redistribution policies

    Open Access•François Bourguignon, Amedeo Spadaro•The Journal of Economic Inequality•2006

  • Evaluating the distributive effects of a micro-credit intervention

    Open Access•Pushkar Maitra, Sandip Mitra et al.•Journal of Development Economics•2022

  • The Distributional Effects Of Fuel Duties

    Deborah Roberts Shaw, John Farrington Shaw et al.•Regional Studies•1999

  • A Democratic Measure of Household Income Growth

    Open Access•Andrew Aitken, Martin Weale•Economica•2020

  • Data Watch

    Open Access•Randall K Filer, Jan Hanousek•The Journal of Economic…•2002

  • The theory of commodity price stabilization

    David M G Newbery•The theory of commodity price…•1981

  • On the measurement of inequality

    Open Access•Anthony B Atkinson•Journal of Economic Theory•1970

  • Equivalence Scale Relativities and the Extent of Inequality and Poverty

    Fiona A E Coulter, Fiona Coulter et al.•The Economic Journal•1992

Unique citing works7
Citations per year0,26
Citation span1999 - 2022 (24)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 6
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