Construct · 1 fields · 1 citations

Little-Mirrlees method: a standalone construct

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Development economics

project appraisal method that values a project's inputs and outputs at world (border) prices as shadow prices to correct for domestic market distortions.

In development economics, Little-Mirrlees method refers to project appraisal method that values a project's inputs and outputs at world (border) prices as shadow prices to correct for domestic market distortions. This meaning comes from Little (1974) in Project appraisal and planning for developing countries.[1]

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Nearby constructs

development1 fields · 2 citationsanchor · a standalone construct market3 fields · 5 citationsjingle · one word, three constructs shadow4 fields · 7 citationsjingle · one word, four constructs

References

Little, I. M. D. (1974). Project appraisal and planning for developing countries. Basic Books. ISBN 9780435845001

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