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There is not much research on welfare-economics from the perspective of human wellbeing (happiness). The main reason is that this is qualitative and subjective phenomena are not easily captured by measurement. In the present endeavour, the authors tried to capture it (happiness) from the...
Persistent link: https://www.econbiz.de/10009468683
of recent developments in the distribution of wage and salary income and in key institutions and organizational … wage and salary income. The emphasis is on the United States and other advanced industrial countries, with some discussion … of the relevance of the theory and analysis to developing economies. …
Persistent link: https://www.econbiz.de/10009432539
real terms. Ninety five per cent of the income of medical schemes was derived from membership fees. The average real growth … rate of income was 8.4 per cent, while net assets increased by only 3 per cent. An average deficit of R11.02 million …
Persistent link: https://www.econbiz.de/10009480497
Small and micro-enterprises play a significant part in most economies. However, in developing countries these enterprises have tended to be looked at from a development, or poverty alleviation perspective, rather than as potentially growing businesses. This paper explores the possibility of...
Persistent link: https://www.econbiz.de/10009437548
show that there is a trade off between average welfare and income distribution. A pro-poor price system may result in lower … between revenues for the water company and income distribution. Even though pro-poor price systems may not be as good for …
Persistent link: https://www.econbiz.de/10009443177
The use of renewable materials in energy production is gaining in importance all over the world. The production of bioethanol and biodiesel is an important element of the agricultural strategy of numerous countries, even though the economic and environmental impact of these projects is subject...
Persistent link: https://www.econbiz.de/10009443738
We develop a agricultural model assuming that conventional production is causing environmental externalities while more benign alternative production methods generate non-market amenity benefits and obtain a price premium in the marketplace. We analyze policies targeting external benefits and...
Persistent link: https://www.econbiz.de/10009446322
of specification with a special emphasis on the effects of mistaken assumptions about the marginal utility of income …
Persistent link: https://www.econbiz.de/10009465863
Analyzing consumer welfare from observable data, or empirical demand functions has been a very controversial issue in economics. One metric often used is deadweight loss from a tax or price increase. A classic debate in economic history regarding the appropriate methodology for measuring...
Persistent link: https://www.econbiz.de/10009466966
of income is hardly novel. What makes our approach novel is that we relate fatalities to both per capita income and the … examples of collective inaction that limited per capita income and inequality couple together with a given quake's natural …
Persistent link: https://www.econbiz.de/10009483829