Theoretical Issues in Measuring Distortions in an Economy

Author: Akpan H. Ekpo
Volume: 56 Issue No:2 Year:2014

Abstract: The paper argues that distortions are deviations from marginal cost pricing and are measurable depending on the type of distortion and the nature of economic activities. Distortions are permanent features in market/capitalist type economies. An alternative view of distortions is examined with the contention that the implementation of a people- oriented economic framework would reduce or minimize distortions.

2014-03-16
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ANNOUNCEMENT! ANNOUNCEMENT!! ANNOUNCEMENT!!! NES 2024 Annual Conference Change of Date - Update The Nigerian Economic Society wishes to inform its members and the general public of change in the dates of the NES 65TH ANNUAL CONFERENCE Venue: Shehu Musa Yar'Adua Conference Centre, Memorial Drive, CBD, Abuja Date: Tuesday, 3rd September to Thursday, 5th September, 2024 Thank you

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65th ANNUAL CONFERENCE ANNOUNCEMENT Date: 3rd - 5th September, 2024 Venue: Shehu Musa Yar'Adua Conference Centre, Memorial Drive, CBD, Abuja Conference Theme: Socio-Economic Development in Nigeria: Imperatives, Implications & Impacts. CALL FOR ABSTRACTS

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