Measuring Welfare Gains from Better Quality Infrastructure
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...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/04/7549915/measuring-welfare-gains-better-quality-infrastructure http://hdl.handle.net/10986/7068 |
| 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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