| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6011 |
| DP6011 Optimal Incentives under Moral Hazard and Heterogeneous Agents: Evidence from Production Contracts Data | |
| Pierre Dubois; Tomislav Vukina | |
| 发表日期 | 2006-12-17 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | Using detailed geographical and household survey data from Nepal, this article investigates the relationship between isolation and subjective welfare. This is achieved by examining how distance to markets and proximity to large urban centers affect responses to questions about income and consumption adequacy. Results show that isolation significantly reduce subjective assessments of income and consumption adequacy, even after controlling for consumption expenditures and other factors. Part of this effect can be attributed to lower access to public goods and to a reduction in the variety of consumption items. Equivalent variation estimates suggest that the subjective cost of isolation is large but also that the gain from reduced isolation is largest for households already close to markets. |
| 主题 | Development Economics |
| 关键词 | Geographical isolation Consumption adequacy Subjective well-being |
| URL | https://cepr.org/publications/dp6011 |
| 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/534847 |
| 推荐引用方式 GB/T 7714 | Pierre Dubois,Tomislav Vukina. DP6011 Optimal Incentives under Moral Hazard and Heterogeneous Agents: Evidence from Production Contracts Data. 2006. |
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