Using Efficiency Analysis to Measure Individual Well-Being with an Illustration for Catalonia

Xavi Ramos ()

No 1748, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper shows how distance functions, a tool typically employed in production economics to measure the distance between a set of inputs and a set of outputs, can be employed to approximate a composite measure encompassing the many dimensions of well-being. It also illustrates how to implement the methodology originally put forth by Lovell et al. (1994), using new data for Catalonia. We draw policy implications and critically appraise the discussed methodology suggesting avenues for further research.

Keywords: well-being; multidimensional poverty; distance function; Catalonia (search for similar items in EconPapers)
JEL-codes: D31 D63 I31 I32 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2005-09
New Economics Papers: this item is included in nep-eff and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Published - published in: Nanak Kakwani and Jacques Silver (eds.): Quantitative Approaches to Multidimensional Poverty Measure, Palgrave Macmillan, 2007

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Chapter: Using Efficiency Analysis to Measure Individual Well-being with an Illustration for Catalonia (2008)
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