On measuring aggregate "Social Efficiency"

By: Material type: TextTextSeries: Policy Research Working Paper, no. 3166Publication details: Washington, D. C. World Bank 2003Description: 29 pSubject(s): DDC classification:
  • 309.2 R2O6
Summary: Cross-country comparisons of social indicators controlling for income and/or social spending have been widely used to measure and explain "social efficiency" analogously to "technical efficiency" in production. The author argues that these methods are clouded in ambiguities about what exactly is being measured. Standard methods of measuring technical efficiency require assumptions that seem unlikely to hold for social indicators. In the context of a simple parametric model of life expectancy, conditions are identified under which there will be a systematic pattern of bias in estimates of efficient health spending. http://documents.worldbank.org/curated/en/772571468761671010/In-measuring-aggregate-social-efficiency
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Item location Shelving location Call number Status Date due Barcode
Books Vikram Sarabhai Library KLMDC Move to KLMDC 309.2 R2O6 (Browse shelf(Opens below)) Available 156012

Cross-country comparisons of social indicators controlling for income and/or social spending have been widely used to measure and explain "social efficiency" analogously to "technical efficiency" in production. The author argues that these methods are clouded in ambiguities about what exactly is being measured. Standard methods of measuring technical efficiency require assumptions that seem unlikely to hold for social indicators. In the context of a simple parametric model of life expectancy, conditions are identified under which there will be a systematic pattern of bias in estimates of efficient health spending.

http://documents.worldbank.org/curated/en/772571468761671010/In-measuring-aggregate-social-efficiency

There are no comments on this title.

to post a comment.