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) on rice farmers` productivity and welfare in Northern Ghana. The study used survey data collected from beneficiaries and …. The results indicate an insignificant increase in income levels from rice production, but a significant reduction in farm … expenditure, an increase in per capita monthly spending and a decrease in income poverty of households. The findings reveal a …
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In normative public economics it is crucial to know how fast the marginal utility of income declines as income …, using a number of assumptions, we are able to estimate the elasticity of marginal utility with respect to income. We obtain …
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The Higher Education Contribution Scheme (HECS) is a rare example of an important, innovative, and imaginative policy instrument developed and applied within a relatively short time period. Looking back over Australian history, innovative policy instruments, with substantial tax revenue or...
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Sri Lanka—very differently given their diversity in terms of size, income, and structure of trade and protection. Using … equilibrium global model, this study examines the effects of SAFTA on trade and net income in the region. The magnitude of the …. Exempting sensitive products from the agreement limits gains from trade for the lower-middle-income members of SAFTA but may be …
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This paper compares the evolution of income (GDP per capita) with utility derived welfare indices for two Mexican … posing three questions: how well aggregate income measures reflect welfare, the role of CPI as a cost of living index, and … regions from 1992-2000. A methodology is proposed based on implicit true standard of living indices. Results show that welfare …
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