Tool
Equivalence Scales: Objective Methods. EASYPol Series 034
This analytical tool illustrates how to use objective methods to derive Equivalence scales. The focus will be on the Engel method, on the Rothbarth method and on the Utility-based methods. The main difference between these methods is that the first two are based on proxy variables for the household well-being, while the last set of methods is based on the consideration of the overall preferences revealed by consumers.
For further information, see also:
- Equivalence Scales: General Aspects. EASYPol Series 032
- Equivalence Scales. Subjective Methods. EASYPol Series 033
This paper is part of a FAO Policy series: EASYPol-Resources for policy making (in agriculture, rural development and food security). To find other EASYPol series' resources, go to the Policy Support and Governance website>Resources and type "EASYPol" in the free text search.
Date
2005
Publisher
Bellu, L.G., Liberati, P.
Region
Global