Farm Income and Economic Welfare Considerations
提出四种基于福利函数特定限制的收入分配排序规则,并应用于1983/84至1993/94年英格兰农业收入的比较分析,得出比传统方法更完整的排序,发现农业社区福利有所改善。
We present four decision rules for ranking income distributions based on specific restrictions on the form of the welfare function. These rules reflect different emphases on presumed preferences for both higher incomes and a more equitable distribution of income, ceteris paribus. Particular attention is paid to the occurrence of negative incomes, and we show how these can directly affect the ordinal rankings. The four decision rules are employed in a comparative analysis of farming incomes in England over the period 1983/84–1993/94. The outcome is a more complete ranking of income distributions than is possible using conventional measures. There is some evidence of an improvement in the welfare of the farming community over the period.