The link between preferences, prices, inequality, and poverty: the Indian evidence

Ranjan Ray

doi:10.1093/oso/9780198812555.003.0007

The link between preferences, prices, inequality, and poverty: the Indian evidence

Ranjan Ray

Department of Economics

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

Abstract

This paper documents the shift in the literature on prices from being exclusively a macro-topic featuring in the study of inflation, national income accounting, and cross-country income comparisons to one that is firmly rooted in micro-involving economic analysis of household behaviour, welfare, and the distributional implications of changes in relative prices. This paper brings together results from some of the recent studies on Indian National Sample Survey data that examine the effect of price changes on inequality and poverty. It also contains evidence on spatial prices in the context of a large heterogeneous country such as India.

Original language	English
Title of host publication	Markets, Governance, and Institutions in the Process of Economic Development
Editors	Ajit Mishra, Tridip Ray
Place of Publication	Oxford UK
Publisher	Oxford University Press
Pages	98-116
Number of pages	19
ISBN (Print)	9780198812555
DOIs	https://doi.org/10.1093/oso/9780198812555.003.0007
Publication status	Published - 2018

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10.1093/oso/9780198812555.003.0007

Cite this

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The link between preferences, prices, inequality, and poverty : the Indian evidence. / Ray, Ranjan.

Markets, Governance, and Institutions in the Process of Economic Development. ed. / Ajit Mishra; Tridip Ray. Oxford UK : Oxford University Press, 2018. p. 98-116.

Research output: Chapter in Book/Report/Conference proceeding › Chapter (Book) › Research › peer-review

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