Assessing the Social Welfare Effects of Government Transfer Programs: Some International Comparisons
MetadataShow full item record
AbstractThis paper offers a new way of assessing government transfer programs using a social welfare function framework. It demonstrates how one can use social welfare functions to measure such programs' efficiency without requiring the specification of a poverty line or particular poverty measures. The paper introduces three alternative principles of targeting, which provide a basis for measuring program efficiency. By applying the methodology developed in this paper, we compare the targeting efficiencies of 44 countries, which include both middle and high‐income countries.
CitationReview of Income and Wealth, volume 67, issue 4, page 1005-1028
DescriptionFrom Wiley via Jisc Publications Router
History: pub-electronic 2021-02-12, pub-print 2021-12
Article version: VoR
Publication status: Published