| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5214 |
| DP5214 The Construction and Interpretation of Combined Cross-Section and Time-Series Inequality Datasets | |
| Joseph Francois; Hugo Rojas-Romagosa | |
| 发表日期 | 2005-09-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | This paper develops a simple theoretical model that can be implemented to estimate the willingness to pay for distributive justice. We derive a formula that allows one to recover the willingness to pay for distributive justice from the estimated coefficients of a probit regression and fiscal data. Using this formula and data from a 1998 Gallup Social Audit, we find that the monetary value of justice in the United States is about one fifth of GDP. We also generalize the model to estimate the value of justice for different types of people (e.g., Republicans, Democrats, urban dwellers, rural dwellers). We find no evidence that the value of justice varies across types of people. This is consistent with the idea that political differences between types are due to differences in the beliefs about the fairness of the market system, rather than differences in the values they place on distributive justice. |
| 主题 | Public Economics |
| 关键词 | Distributive justice Governmental redistribution Fairness |
| URL | https://cepr.org/publications/dp5214 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534088 |
| 推荐引用方式 GB/T 7714 | Joseph Francois,Hugo Rojas-Romagosa. DP5214 The Construction and Interpretation of Combined Cross-Section and Time-Series Inequality Datasets. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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