The dynamics of welfare gains and losses: An African case study
利用科特迪瓦面板数据,研究家庭福利随时间增减的决定因素,发现城市中人力资本、农村中物质资本(土地和农具)是解释福利变化的关键,对政策制定者有参考价值。
This article uses panel survey data for Côte d'Ivoire to investigate the determinants of welfare gains and losses of households over time. A first‐difference model is estimated which takes account of initial conditions. For urban areas, it was found that human capital is not only a key explanatory factor for levels of welfare, but also the most important endowment to explain welfare changes over time. In rural areas, physical capital, especially land and farm equipment, mattered most. Household size and composition and socioeconomic characteristics of the household also affected welfare changes. Policy implications are discussed.