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A Note on Distributive Equity and Social Efficiency

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  • Carlos Romero

Abstract

This note proposes a social welfare function (SWF) where most functions, such as the Benthamite or the Rawlsian functions, found in the literature can be considered particular cases. Moreover, the SWF propounded let us obtain compromises or balances between the welfare criteria of social efficiency and distributive equity. The level of compromise or balance is established with the help of a simple and operational parameter.

Suggested Citation

  • Carlos Romero, 2001. "A Note on Distributive Equity and Social Efficiency," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(2), pages 110-112, May.
    • Handle: RePEc:bla:jageco:v:52:y:2001:i:2:p:110-112
    DOI: 10.1111/j.1477-9552.2001.tb00928.x
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    References listed on IDEAS

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    1. Amador, Francisco & Sumpsi, Jose Maria & Romero, Carlos, 1998. "A Non-interactive Methodology to Assess Farmers' Utility Functions: An Application to Large Farms in Andalusia, Spain," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 25(1), pages 92-109.
    2. David S. Bullock & Klaus Salhofer & Jukka Kola, 1999. "The Normative Analysis of Agricultural Policy: A General Framework and Review," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(3), pages 512-535, September.
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    Cited by:

    1. F J André & M A Cardenete & C Romero, 2008. "Using compromise programming for macroeconomic policy making in a general equilibrium framework: theory and application to the Spanish economy," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 59(7), pages 875-883, July.
    2. Bullock, David S. & Salhofer, Klaus, 2003. "Judging agricultural policies: a survey," Agricultural Economics, Blackwell, vol. 28(3), pages 225-243, May.
    3. Mikulas Luptacik & Bernhard Mahlberg, 2018. "Revisiting the Efficiency-Equity Trade-off: A Muli-objective Linear Problem combined with an extended Leontief Input Output Model," Department of Economic Policy Working Paper Series 016, Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava.

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