A Simple Indicator to Measure Welfare

Penulis

  • Muhammad Fajar Badan Pusat Statistik

DOI:

https://doi.org/10.33603/e.v10i2.8510

Abstrak

This paper proposes a welfare index derived from the welfare function by accommodating the people’s happiness index as the adjustment factor. This treatment makes the proposed welfare index different from the known welfare indicator. Other than that, the simplicity of the formula and calculation process remains the same.

Keywords: welfare indicator, happiness, GDP

Referensi

Atkinson, A. B. (1987). On the Measurement of Poverty. Econometrica, 55(4), 749–764. http://www.jstor.orgURL:http://www.jstor.org/stable/1911028http://www.jstor.org/page/info/about/policies/terms.jsp

Chakravarty, S. R. (1983). A new index of poverty. Mathematical Social Sciences, 6(3), 307–313.

Clark, S., Hemming, R., & Ulph, D. (1981). On Indices for the Measurement of Poverty. The Economic Journal, 91(362), 515–526. http://www.jstor.orgURL: http://www.jstor.org/stable/2232600

Foster, J., Greer, J., & Thorbecke, E. (1984). A Class of Decomposable Poverty Measures. Econometrica, 52(3), 761–766.

Jacobs, G., & Slaus, I. (2010). Indicators of welfare progress: The power of measurement and human welfare. CADMUS A Papers Series of the South European Division of the World Academy of Art and Sciences , 53–113. http://cadmusjournal.org/node/11

Lubrano, M. (2010). The econometrics of inequality and poverty Lecture 3 : Welfare functions, inequality and poverty. https://perso.amse-aixmarseille.fr/lubrano/cours/Lecture-3.pdf

Sen, A. (1976a). Poverty: An Ordinal Approach to Measurement. Econometrica, 44(2), 219–231.

Sen, A. (1976b). Real National Income. Source: The Review of Economic Studies, 43(1), 19–39.

Shorrocks, A. F. (1995). Revisiting the Sen Poverty Index. Econometrica, 63(5), 1225–1230. http://www.jstor.orgURL:http://www.jstor.org/stable/2171728

Watts, H. W. (1968). An economic definition of poverty. In D. P. Moynihan (Ed.), On Understanding Poverty, Basic Books.

Unduhan

Diterbitkan

2023-06-13

Terbitan

Vol 10 No 2 (2023)

Bagian

Artikel

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