Assessing the Distributional Impact of Public Policy
Economic development necessarily changes
the welfare of socioeconomic groups to various degrees,
depending on differences in their social arrangements. The
challenge for policymakers is to select the changes that
will be most socially desirable. The author demonstrates the
usefulness of distributional analysis for social evaluation
and, more specifically, for welfare evaluation, using data
from the 1994 Integrated Household Survey in Guinea. Because
the international community has declared poverty eradication
a fundamental objective of development, the author uses a
poverty-focused approach to social evaluation based on the
maximum principle. This principle offers a unifying
framework for analyzing the socioeconomic impact of public
policy by using a wide variety of evaluation functions,
inequality indicators (like the extended Gini coefficient),
and poverty indices (such as Sen's index and the
members of the Foster-Greer-Thorbecke family). The author
also examines, within the context of commodity taxation, how
to identify socially desirable policy options using both the
dominance criterion and abbreviated social welfare
functions. He includes computer routines for calculating
various welfare indices and for plotting the relevant
concentration curves.
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Bibliographic Details
Main Author: |
Essama-Nssah, B. |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2002-09
|
Subjects: | PUBLIC POLICY EVALUATION,
DISTRIBUTIONAL IMPACT,
ECONOMIC DEVELOPMENT,
WELFARE ECONOMICS,
SOCIOECONOMIC CONDITIONS,
SOCIAL IMPACT ASSESSMENT,
HOUSEHOLD SURVEYS,
POVERTY INDEX,
INEQUITY,
GINI COEFFICIENT,
POVERTY INCIDENCE,
COMMODITY TAXATION,
POLICY PLANNING,
SOCIAL WELFARE,
COMPUTERIZATION AVAILABLE DATA,
BENCHMARK,
BETWEEN-GROUP INEQUALITY,
CUMULATIVE DISTRIBUTION FUNCTION,
DATA SET,
DATA SETS,
DECREASING FUNCTION,
DEVELOPING WORLD,
DEVELOPMENT GOALS,
DEVELOPMENT INSTITUTION,
DISTRIBUTION FUNCTIONS,
DISTRIBUTIONAL ANALYSIS,
ECONOMETRIC ANALYSIS,
ECONOMIC MANAGEMENT,
ELASTICITY,
EQUAL WEIGHT,
FACTOR COMPONENTS,
GROUP INEQUALITY,
HOUSEHOLD EXPENDITURES,
HOUSEHOLD LEVEL,
HOUSEHOLD SIZE,
HOUSEHOLD SURVEY,
HOUSEHOLD SURVEY DATA,
IMPACT ANALYSIS,
INCOME,
INCOME ELASTICITY,
INCOME HOUSEHOLDS,
INCOME INEQUALITY,
INCOME SHARE,
INEQUALITY,
INEQUALITY INDICATORS,
LIVING STANDARD,
LORENZ CURVE,
POLICY ANALYSIS,
POLICY OPTIONS,
POLICY RESEARCH,
POLICY STATEMENT,
POOR GROUP,
POPULATION SHARE,
POVERTY ANALYSIS,
POVERTY ASSESSMENT,
POVERTY ERADICATION,
POVERTY IMPACT,
POVERTY INDICES,
POVERTY LINE,
POVERTY REDUCTION,
POVERTY REDUCTION STRATEGY,
POVERTY STATUS,
PROGRAMS,
PUBLIC POLICY,
SERIES DATA,
SOCIAL EXCLUSION,
SOCIAL JUSTICE,
SOCIAL PROGRESS,
STATISTICAL OFFICE,
TAXATION,
TIME SERIES,
VALUATION,
VALUE JUDGMENTS,
WELL-BEING, |
Online Access: | http://documents.worldbank.org/curated/en/2002/09/2016298/assessing-distributional-impact-public-policy
https://hdl.handle.net/10986/19279
|
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