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Social Welfare Functions and Development Measurement and Policy Applications /

Nanak Kakwani and Hyu Hwa Son make use of social welfare functions to derive indicators of development relevant to specific social objectives, such as poverty- and inequality-reduction. Arguing that the measurement of development cannot be value-free, the authors assert that if indicators of develop...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Kakwani, Nanak (Autor), Son, Hyun Hwa (Autor)
Autor Corporativo: SpringerLink (Online service)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2016.
Edición:1st ed. 2016.
Temas:
Acceso en línea:Texto Completo

MARC

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520 |a Nanak Kakwani and Hyu Hwa Son make use of social welfare functions to derive indicators of development relevant to specific social objectives, such as poverty- and inequality-reduction. Arguing that the measurement of development cannot be value-free, the authors assert that if indicators of development are to have policy relevance, they must be assessed on the basis of the social objectives in question. This study develops indicators that are sensitive to both the level and the distribution of individuals' capabilities. The idea of the social welfare function, defined in income space, is extended to the concept of the social well-being function, defined in capability space. Through empirical analysis from selected developing countries, with a particular focus on Brazil, the authors shape techniques appropriate to the analysis of development in different dimensions. The focus of this evidence-based policy analysis is to evaluate alternative policies affecting the capacities of people to enjoy a better life. . 
650 0 |a Development economics. 
650 0 |a Econometrics. 
650 0 |a Social choice. 
650 0 |a Welfare economics. 
650 0 |a Political planning. 
650 1 4 |a Development Economics. 
650 2 4 |a Econometrics. 
650 2 4 |a Social Choice and Welfare. 
650 2 4 |a Public Policy. 
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