Sustainability and Wealth of Rural Households: Measurement and Inequality Analysis
基于布基纳法索农村家庭调查数据，测度家庭层面的综合财富，发现财富随时间持续增长且分配更平等，而收入与消费波动较大，财富与消费相关性更强，表明基于财富的干预更可持续地改善福祉。
A small but growing literature is linking well‐being with the value of assets, measured comprehensively. This measure, called comprehensive wealth, has appeared as a leading economic indicator of sustainability by reflecting the potential of future well‐being. Despite the concerns of sustainability for policy interventions at the micro‐level, the existing literature is limited to country‐level estimations. This paper applies the general framework of weak sustainability to measure wealth at the household level. Using data from three rounds of household survey, market prices, and yield data from rural Burkina Faso, we measure wealth, income, and consumption per adult. The results show that wealth has consistently increased over time in contrast to income and consumption which have fluctuated. Wealth is also less unequally distributed. Finally, consumption is found to be more correlated with wealth. This suggests that wealth‐based interventions are more likely to improve well‐being in a sustainable way.