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Any attempt to operationalise the capability approach necessitates an adequate framework for the measurement of the abstract unobservable multidimensional concept that the term human development stands for. One such attempt is the latent variable approach including principal components, factor...
Persistent link: https://www.econbiz.de/10005811482
In this study, we explore the relationship between the rank of a demand system and the estimation results both in terms of consumption behaviour and more importantly in terms of welfare analysis. Money-metric utility levels given by equivalent expenditures are taken as welfare indicators for...
Persistent link: https://www.econbiz.de/10005811492
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This paper presents a methodology extension of Deaton's (1990) model for estimating price elasticities, by pooling data from several surveys to improve the inter-cluster variability of unit values which is one of the key elements used inthe derivation of these elasticities. Since the surveys...
Persistent link: https://www.econbiz.de/10005727709
In this paper, we analyze the political economy of immigration policy in a direct democracy setting. We formulate a structural model of voting and participation behavior integrating instrumental and expressive motivations. The model is estimated using data drawn from a survey carried out after a...
Persistent link: https://www.econbiz.de/10005727720
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This paper presents a class of robust estimators for linear and non-linear simultaneous equations models, which are a direct generalization of the maximum likelihood estimator. The new estimators are obtained as solutions of a generalized likelihood equation. They are resistant to deviations...
Persistent link: https://www.econbiz.de/10013043899
This chapter is an overview of the main methodologies that have been proposed in the literature for operationalising the capability approach. It covers descriptive as well as modelling approaches, the former focusing on catching a full picture of the well-being situation using many indicators...
Persistent link: https://www.econbiz.de/10013043902
Recent empirical literature has seen many multidimensional indices emerge as well-being or poverty measures, in particular indices derived from principal components and various latent variable models. Though such indices are being increasingly and widely employed, few studies motivate their use...
Persistent link: https://www.econbiz.de/10013043903