Measuring Social Progress
Koen Decancq and
Erik Schokkaert
No 668197, Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven
Abstract:
In this chapter, we provide a critical review of the literature on social progress from a prioritarian perspective. We give special attention to the choice of the measure of individual well-being and the aggregation method across individuals in our discussion of various methods that have been proposed in the literature. We present the “growth incidence curve” as a useful device to chart social progress. We illustrate with empirical results for Russia in the period 1995-2005.
Keywords: Social progress; social condition; prioritarian social evaluations; preferences; growth incidence curve (search for similar items in EconPapers)
Pages: 51
Date: 2021-01-14
New Economics Papers: this item is included in nep-cis and nep-tra
Note: paper number DPS21.02
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Published in FEB Research Report Department of Economics
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Persistent link: https://EconPapers.repec.org/RePEc:ete:ceswps:668197
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