1978The Economic JournalRequires access

Value Subtracted, Negative Shadow Prices of Factors in Project Evaluation, and Immiserising Growth: Three Paradoxes in the Presence of Trade Distortions

Jagdish N. Bhagwati, T. N. Srinivasan, Henry Wan

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Abstract

Jagdish N. Bhagwati, T. N. Srinivasan, Henry Wan, Jr.; Value Subtracted, Negative Shadow Prices of Factors in Project Evaluation, and Immiserising Growth: Three

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Jagdish N. Bhagwati, T. N. Srinivasan, Henry Wan, Jr.; Value Subtracted, Negative Shadow Prices of Factors in Project Evaluation, and Immiserising Growth: Three

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Jagdish N. Bhagwati, T. N. Srinivasan, Henry Wan, Jr.; Value Subtracted, Negative Shadow Prices of Factors in Project Evaluation, and Immiserising Growth: Three

Key concepts: Shadow (psychology), Value (mathematics), Economics, Sociology, Management, Classical economics, Mathematics, Statistics

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