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On the standard achievement and well-being indexes and their relation to the Hicks–Moorsteen productivity index

Listed author(s):
  • Briec, Walter
  • Dumas, Audrey
  • Stenger, Agathe

In a recent paper Ramos and Silber (2005) used techniques developed in efficiency analysis to obtain estimates of human development obtained on the basis of Sen (1985) and Narayan et al. (2000) capability approach. In particular they propose to measure standard achievement and well being indexes using a distance function approach. In this paper, it is shown that the ratio based of well-being and standard achievement indexes form the Hicks–Moorsteen index introduced by Bjurek (1996). Along this line, an additive form of the standard achievement and well-being indexes is proposed. In particular, the paper focusses on the case of social inputs. Axiomatic and dual properties are established and some parametric and nonparametric models are proposed.

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File URL: http://www.sciencedirect.com/science/article/pii/S0264999313003192
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Article provided by Elsevier in its journal Economic Modelling.

Volume (Year): 35 (2013)
Issue (Month): C ()
Pages: 900-909

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Handle: RePEc:eee:ecmode:v:35:y:2013:i:c:p:900-909
DOI: 10.1016/j.econmod.2013.08.004
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/30411

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  2. Stéphane Blancard & Jean-Philippe Boussemart & Walter Briec & Kristiaan Kerstens, 2006. "Short- and Long-Run Credit Constraints in French Agriculture: A Directional Distance Function Framework Using Expenditure-Constrained Profit Functions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(2), pages 351-364.
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  7. Walter Briec & Kristiaan Kerstens, 2011. "The Hicks–Moorsteen Productivity Index Satisfies The Determinateness Axiom," Manchester School, University of Manchester, vol. 79(4), pages 765-775, 07.
  8. Anderson, Gordon & Crawford, Ian & Leicester, Andrew, 2011. "Welfare rankings from multivariate data, a nonparametric approach," Journal of Public Economics, Elsevier, vol. 95(3-4), pages 247-252, April.
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  17. Chambers, Robert G. & Chung, Yangho & Fare, Rolf, 1996. "Benefit and Distance Functions," Journal of Economic Theory, Elsevier, vol. 70(2), pages 407-419, August.
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  19. Kaushik, Basu & Lòpez-Calva, Luis F., 2011. "Chapter Sixteen - Functionings and Capabilities," Handbook of Social Choice and Welfare,in: K. J. Arrow & A. K. Sen & K. Suzumura (ed.), Handbook of Social Choice and Welfare, edition 1, volume 2, chapter 16, pages 153-187 Elsevier.
  20. Walter Briec & Kristiaan Kerstens, 2004. "A Luenberger-Hicks-Moorsteen productivity indicator: its relation to the Hicks-Moorsteen productivity index and the Luenberger productivity indicator," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 23(4), pages 925-939, May.
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