The Opsonic Index and Its Utility
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Investigating the Shocks of Real Sectors of the Economy on the Welfare Index in the Iranian Economy
The vector auto regression model was used to investigate the effect of real sector shocks on the social welfare in Iran during the period of 1980-2019.The results of the impulse response test showed that the Amartya Sen welfare index showed a rapid response to the shocks of total factor productivity growth in the first period, which had a zero effect over time. The utility-oriented welfare inde...
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The vector auto regression model was used to investigate the effect of real sector shocks on the social welfare in Iran during the period of 1980-2019.The results of the impulse response test showed that the Amartya Sen welfare index showed a rapid response to the shocks of total factor productivity growth in the first period, which had a zero effect over time. The utility-oriented welfare inde...
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