Changes In Social Welfare In Singapore - 1982-1999
This paper examines the changes in social welfare in Singapore using Labour Force Survey data. To study the changes and dominance, both ordinal and cardinal measures are used. By Lorenz Dominance social welfare in Singapore during 1999 is less than in 1991 while unambiguous conclusion cannot be made on the welfare ranking of 1982 and 1991 or of 1982 and 1999. 1999 ranks first according to the Generalized Lorenz Dominance; however, this criterion is also unable to make any unambiguous ranking between 1982 and 1991. The ranking based on Sen-Dagum-Yitzhaki-Sheshinski Social Welfare Function shows a continuous increase in the social welfare in Singapore. But when a more general Social Welfare Function is used a different ordering might occur.
|Date of creation:||2001|
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