Amartya Sen's capability approach: theoretical insights and empirical applications
Publication details: Berlin Springer 2005Description: xv, 116 pISBN:- 9783540261988
- 330.15
Item type | Current library | Item location | Shelving location | Call number | Status | Date due | Barcode | |
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Books | Vikram Sarabhai Library | Rack 15-B / Slot 554 (0 Floor, West Wing) | General Stacks | 330.15 K8A6 (Browse shelf(Opens below)) | Available | 162976 |
Kuklys examines how Nobel Prize-winning economist Amartya Senzs approach to welfare measurement can be put in practice for poverty and inequality measurement in affluent societies such as the UK. Sen argues that an individualzs welfare should not be measured in terms of her income, but in terms what she can actually do or be, her capabilities. In Chapters 1 and 2, Kuklys describes the capability approach from a standard welfare economic point of view and provides a comprehensive literature review of the empirical applications in this area of research. In the remaining chapters, novel econometric techniques are employed to operationalise the concepts of functionings and capability to investigate inequality and poverty in terms of capability in the UK. Kuklys finds that capability measurement is always a useful complement to traditional monetary analysis, and particularly so in the case of capability-deprived disabled individuals.
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