EXACT AND SUPERLATIVE WELFARE CHANGE INDICATORS

被引：28

作者：

DIEWERT, WE

机构：

来源：

ECONOMIC INQUIRY | 1992年 / 30卷 / 04期

关键词：

D O I：

10.1111/j.1465-7295.1992.tb01282.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

An exact welfare change indicator is defined to be a known function of the price and quantity data for two periods (for a utility maximizing consumer) which is exactly equal to the Hicksian equivalent variation. A welfare change indicator is termed superlative if it is exactly equal to the equivalent variation for an expenditure function which has a second-order approximation property. The paper exhibits a number of superlative welfare change indicators, and also reviews the earlier attempts of Hicks and Weitzman to obtain equivalent variation measures that had a second-order approximation property.

引用

页码：565 / 582

页数：18

共 29 条

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