"In theory, moving from price-based subsidies for agriculture to less-distorted income support programs makes sense. In practice, income-support programs have m
Economists wish to compare prices, real income, and output across countries and regions for many purposes. In the past, such comparisons were made in nominal te
Economists wish to compare prices, real income, and output across countries and regions for many purposes. In the past, such comparisons were made in nominal te