administered price

From: A Dictionary of Economics | Date: 2002| Author: JOHN BLACK | Copyright information

administered price A price set by some form of administrative process, rather than adjusting to clear a market. The levels of and changes in administered prices often require the consent of the government or of some officia...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

Liberalisation and Agricultural Prices: Some Disconcerting Trends
Indian Journal of Agricultural Economics ; I INTRODUCTION The World Trade Organisation (WTO) and various agreements associated with it attempt to establish a new trade order. In the emerging trade order cost and quality of the commodity is supposed to determine flow of trade in the world market. India by virtue of its diverse natural
Retesting Gardiner Means's Evidence on Administered Prices.(Statistical Data Included)
Journal of Economic Issues ; Gardiner Means developed his doctrine of administered prices in the 1930s within the context of a specific conception of the American economy [Means 1935, 1939; Lee 1998]. He was concerned with drawing on empirical data of all sorts to identify and describe the causal mechanisms underlying pricing
Mboweni chides state over Eskom rate hikes.(Business Report Weekend)
The Sunday Independent (South Africa) ; BYLINE: Donwald Pressly Cape Town Reserve Bank governor Tito Mboweni has again put the cat among the fiscal pigeons over the damaging impact of high administered prices, this time chiding the state over electricity tariff hikes. He emphasised that he does not think the consumer should carry the
DO WE NEED DRGS TO IMPROVE EFFICIENCY IN HEALTHCARE?(Diagnosis Related Groups)(Statistical Data Included)
Research in Healthcare Financial Management ; The analysis of production costs in any activity is one of the important tasks of economics. The major limitation of all studies in this field is the method of accounting for the multi-product nature of productive organizations. There is a consensus that healthcare institutions produce an extensive
Gardiner Means on administered prices and administrative inflation.
Journal of Economic Issues ; While he never rowed in the mainstream, Gardiner C. Means (1896-1988) was an original and independent-minded researcher and writer who had considerable influence on economic thought and public opinion. Although he was often characterized as an empiricist lacking a theoretical orientation, Means
Movements of Market-determined and Administered Prices in 2006
Slovenian Economic Mirror ; In 2006, administered prices were adjusted in line with the two main guidelines of the government's Administered Prices Adjustment Plan for 2006 and 2007. Prices under various regimes of regulation increased by 2.1% in 2006 and contributed close to 0.4 p.p. to the 2.8% inflation. The overall
INFLATION DECLINES
Info-Prod Research (Middle East) ; Inflation, which has been decelerating till June 2007 from the peak rate of 20.5 per cent at the beginning of the year, reversed its trend in July with upward adjustments in administered prices of certain commodities in line with the increasing international prices. From a substantially high level
SRI LANKA: INFLATION DECLINES.
IPR Strategic Business Information Database ; Inflation, which has been decelerating till June 2007 from the peak rate of 20.5 per cent at the beginning of the year, reversed its trend in July with upward adjustments in administered prices of certain commodities in line with the increasing international prices. From a substantially high level
Interest rate hike on cards.(News)
Pretoria News (South Africa) ; BYLINE: ETHEL HAZELHURST Government is dealing South Africa's consumers a double whammy. Figures released yesterday by Statistics SA show administered prices - prices which are set or influenced by government - jumped 9.8% in the 12 months to July. This is well ahead of the average inflation rate
Handlooms for all. (India)
The Economist (US) ; ... votes continued through the week, it was clear that in at least five states the party was trailing. What appeared to be good news for the government of Mr V.P. Singh was received with mixed feelings by businessmen. For five years under Mr Gandhi, the economy ...