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Towards Comparative and Aggregate Vulnerability: An Analysis of Welfare Distributions in Rural Provinces in Thailand and Vietnam

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  • Hardeweg, Bernd
  • Wagener, Andreas
  • Waibel, Hermann

Abstract

Several measures of vulnerability to poverty have been suggested in the literature. In practise, only little is known about the robustness of vulnerability comparisons based on these often quite specific measures. The theory of stochastic orders can be applied to shed some light on such issues. In the DFG research project "Impact of Shocks on the Vulnerability to Poverty: Consequences for Development of Emerging Southeast Asian Economies" (DFG FOR 756), an extensive panel survey was carried out in six rural provinces of Thailand and Vietnam in 2007. We establish cumulative distribution functions for income and consumption at the provincial level and search for stochastic dominance relations between these distributions. Our comparisons allow for initial, but quite robust conclusions on welfare and provide benchmarks for assessing the vulnerability to poverty in the research regions.

Suggested Citation

  • Hardeweg, Bernd & Wagener, Andreas & Waibel, Hermann, 2010. "Towards Comparative and Aggregate Vulnerability: An Analysis of Welfare Distributions in Rural Provinces in Thailand and Vietnam," Proceedings of the German Development Economics Conference, Hannover 2010 14, Verein für Socialpolitik, Research Committee Development Economics.
  • Handle: RePEc:zbw:gdec10:14
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    Cited by:

    1. Thi Kim Cuong Pham & Phu Nguyen Van & Thanh Tam Nguyen-Huu & Thi Anh-Dao Tran & Kone Noukignon, 2019. "Subjective Well-Being and Social Comparison: A Comparative Study on Rural Thailand and Vietnam," Revue d'économie politique, Dalloz, vol. 129(6), pages 993-1029.
    2. Witt, Rudolf & Waibel, Hermann, 2011. "Constraints to diversification of poor fishery-dependent households in Cameroon," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 6(2), pages 1-21, September.

    More about this item

    Keywords

    welfare distribution; stochastic ordering; vulnerability;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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