Rich and powerful? Subjective power and welfare in Russia

Martin Ravallion and Michael Lokshin

No 2854, Policy Research Working Paper Series from The World Bank

Abstract: Does"empowerment"come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics and household formation can either strengthen or weaken the relationship. Survey data on Russian adults indicate that higher individual and household incomes raise both self-rated power and welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At given income, the identified covariates have strikingly similar effects on power and welfare. There are some notable differences between men and women in perceived power.

Keywords: Public Health Promotion; Anthropology; Gender and Social Development; Economic Theory&Research; Windpower; Economic Theory&Research; Anthropology; Gender and Social Development; Inequality; Windpower (search for similar items in EconPapers)
Date: 2002-06-30
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Citations: View citations in EconPapers (6)

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Journal Article: Rich and powerful?: Subjective power and welfare in Russia (2005)
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