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Measuring Welfare Gains From Better Quality Infrastructure / Lokshin, Michael

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Lokshin, Michael
Contributor:
Klytchnikova, Irina
Lokshin, Michael
Series:
Policy research working papers.
World Bank e-Library.
Language:
English
Subjects (All):
Air Pollution.
Communities & Human Settlements.
Compensating Variation.
Consumption.
Consumption Patterns.
Demand.
Drinking Water.
Economic Theory and Research.
Economics.
Energy.
Energy Production and Transportation.
Environment.
Environmental Economics and Policies.
Equivalent Variation.
Finance and Financial Sector Development.
Financial Literacy.
Housing and Human Habitats.
Income.
Industry.
Information.
Infrastructure Economics and Finance.
Infrastructure Regulation.
Investment.
Investments.
Macroeconomics and Economic Growth.
Markets and Market Access.
Need.
Poverty.
Supply.
Town Water Supply and Sanitation.
Water.
Water and Industry.
Water Resources.
Water Supply and Sanitation.
Water Supply and Sanitation Governance and Institutions.
Welfare Economics.
Welfare Gains.
Willingness To Accept.
Willingness To Pay.
Local Subjects:
Air Pollution.
Communities & Human Settlements.
Compensating Variation.
Consumption.
Consumption Patterns.
Demand.
Drinking Water.
Economic Theory and Research.
Economics.
Energy.
Energy Production and Transportation.
Environment.
Environmental Economics and Policies.
Equivalent Variation.
Finance and Financial Sector Development.
Financial Literacy.
Housing and Human Habitats.
Income.
Industry.
Information.
Infrastructure Economics and Finance.
Infrastructure Regulation.
Investment.
Investments.
Macroeconomics and Economic Growth.
Markets and Market Access.
Need.
Poverty.
Supply.
Town Water Supply and Sanitation.
Water.
Water and Industry.
Water Resources.
Water Supply and Sanitation.
Water Supply and Sanitation Governance and Institutions.
Welfare Economics.
Welfare Gains.
Willingness To Accept.
Willingness To Pay.
Physical Description:
1 online resource (34 pages)
Place of Publication:
Washington, D.C., The World Bank, 2007
System Details:
data file
Summary:
Projects and reforms targeting infrastructure services can affect consumer welfare through changes in the price, coverage, or quality of the services provided. The benefits of improved service quality-while significant-are often overlooked because they are difficult to quantify. This paper reviews methods of evaluating the welfare implications of changes in the quality of infrastructure services within the broader theoretical perspective of welfare measurement. The study outlines the theoretical assumptions and data requirements involved, illustrating each method with examples that highlight common methodological features and differences. The paper also presents the theoretical underpinnings and potential applications of a new approach to analyzing the effects of interruptions in the supply of infrastructure services on household welfare.

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