Applying a Non-parametric Efficiency Analysis to Measure Conversion Efficiency in Great Britain
AbstractIn the literature on Sen's capability approach, studies focusing on the empirical measurement of conversion factors are comparatively rare. We add to this field by adopting a measure of 'conversion efficiency' that captures the efficiency with which individuals convert their resources into achieved functioning. We use a non-parametric efficiency procedure borrowed from production theory and construct such a measure for a set of basic functionings, using data from the 2005 wave of the British Household Panel Survey. In Great Britain, 49.88% of the individuals can be considered efficient while the mean of the inefficient individuals reaches one-fifth less functioning achievement. An individual's conversion efficiency is positively affected by getting older, being self-employed, married, having no health problems and living in the London area. On the other hand, being unemployed, separated/divorced/widowed and (self-assessed) disabled decrease an individual's conversion efficiency.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Human Development and Capabilities.
Volume (Year): 12 (2011)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.tandfonline.com/CJHD20
Other versions of this item:
- Martin Binder & Tom Broekel, 2009. "Applying a Nonparametric Efficiency Analysis to Measure Conversion Efficiency in Great Britain," Jena Economic Research Papers 2009-100, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
- R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gardner, Jonathan & Oswald, Andrew J., 2007.
"Money and mental wellbeing: A longitudinal study of medium-sized lottery wins,"
Journal of Health Economics,
Elsevier, vol. 26(1), pages 49-60, January.
- Gardner, Jonathan & Oswald, Andrew J., 2006. "Money and Mental Wellbeing: A Longitudinal Study of Medium-Sized Lottery Wins," IZA Discussion Papers 2233, Institute for the Study of Labor (IZA).
- Gardner, Jonathan & Oswald, Andrew J., 2006. "Money and Mental Wellbeing : A Longitudinal Study of Medium-Sized Lottery Wins," The Warwick Economics Research Paper Series (TWERPS) 754, University of Warwick, Department of Economics.
- Francesco Farina & Eugenio Peluso & Ernesto Savaglio, 2005. "Ranking opportunity sets in the space of functionings," Journal of Economic Inequality, Springer, vol. 2(2), pages 105-116, January.
- Cazals, Catherine & Florens, Jean-Pierre & Simar, Leopold, 2002.
"Nonparametric frontier estimation: a robust approach,"
Journal of Econometrics,
Elsevier, vol. 106(1), pages 1-25, January.
- Cazals, Catherine & Florens, Jean-Pierre & Simar, Léopold, 2002. "Nonparametric Frontier Estimation: A Robust Approach," Open Access publications from University of Toulouse 1 Capitole http://neeo.univ-tlse1.fr, University of Toulouse 1 Capitole.
- Paul Anand & Graham Hunter & Ron Smith, 2005.
"Capabilities and Well-Being: Evidence Based on the Sen–Nussbaum Approach to Welfare,"
Social Indicators Research,
Springer, vol. 74(1), pages 9-55, October.
- Paul Anand & Graham Hunter & Ron Smith, 2004. "Capabilities and Wellbeing: Evidence Based on the Sen-Nussbaum Approach to Welfare," Open Discussion Papers in Economics 47, The Open University, Faculty of Social Sciences, Department of Economics.
- Ravallion, Martin, 2005.
"On Measuring Aggregate "Social Efficiency.","
Economic Development and Cultural Change,
University of Chicago Press, vol. 53(2), pages 273-92, January.
- Xavier Ramos & Jacques Silber, 2005. "On The Application Of Efficiency Analysis To The Study Of The Dimensions Of Human Development ," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 51(2), pages 285-309, 06.
- Simar, Leopold & Wilson, Paul W., 2007. "Estimation and inference in two-stage, semi-parametric models of production processes," Journal of Econometrics, Elsevier, vol. 136(1), pages 31-64, January.
- David W.Johnston & Carol Propper & Michael A.Shields, 2007.
"Comparing Subjective and Objective Measures of Health: Evidence from Hypertension for the Income/Health Gradient,"
The Centre for Market and Public Organisation
07/171, Department of Economics, University of Bristol, UK.
- Johnston, David W. & Propper, Carol & Shields, Michael A., 2009. "Comparing subjective and objective measures of health: Evidence from hypertension for the income/health gradient," Journal of Health Economics, Elsevier, vol. 28(3), pages 540-552, May.
- Johnston, David W. & Propper, Carol & Shields, Michael A., 2007. "Comparing Subjective and Objective Measures of Health: Evidence from Hypertension for the Income/Health Gradient," IZA Discussion Papers 2737, Institute for the Study of Labor (IZA).
- Johnston, David W & Propper, Carol & Shields, Michael, 2007. "Comparing Subjective and Objective Measures of Health: Evidence from Hypertension for the Income/Health Gradient," CEPR Discussion Papers 6270, C.E.P.R. Discussion Papers.
- Ramos, Xavi, 2005. "Using Efficiency Analysis to Measure Individual Well-Being with an Illustration for Catalonia," IZA Discussion Papers 1748, Institute for the Study of Labor (IZA).
- Anand, Paul & van Hees, Martin, 2006. "Capabilities and achievements: An empirical study," The Journal of Socio-Economics, Elsevier, vol. 35(2), pages 268-284, April.
- Mozaffar Qizilbash, 2002. "Development, Common Foes and Shared Values," Review of Political Economy, Taylor and Francis Journals, vol. 14(4), pages 463-480.
- Jose Manuel Roche, 2008. "Monitoring Inequality among Social Groups: A Methodology Combining Fuzzy Set Theory and Principal Component Analysis," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 9(3), pages 427-452.
- Ulrich Witt, 2006. "Evolutionary Economics," Papers on Economics and Evolution 2006-05, Max Planck Institute of Economics, Evolutionary Economics Group.
- Daniel T. Slesnick, 1998. "Empirical Approaches to the Measurement of Welfare," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2108-2165, December.
- Wilson, Paul W, 1993. "Detecting Outliers in Deterministic Nonparametric Frontier Models with Multiple Outputs," Journal of Business & Economic Statistics, American Statistical Association, vol. 11(3), pages 319-23, July.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.