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Journal articles on the topic 'Equity-efficiency trade-off'

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Published: 10 December 2022
Last updated: 28 January 2023

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1

Tillmann, Georg. "The equity-efficiency trade-off reconsidered." Social Choice and Welfare 24, no. 1 (February 2005): 63–81. http://dx.doi.org/10.1007/s00355-003-0292-0.

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2

LAMBERT, PETER J. "THE EQUITY-EFFICIENCY TRADE-OFF: BREIT RECONSIDERED *." Oxford Economic Papers 42, no. 1 (January 1990): 91–104. http://dx.doi.org/10.1093/oxfordjournals.oep.a041947.

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3

Le Grand, Julian. "Equity Versus Efficiency: The Elusive Trade-Off." Ethics 100, no. 3 (April 1990): 554–68. http://dx.doi.org/10.1086/293210.

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4

Correia, Isabel H. "On the efficiency and equity trade-off." Journal of Monetary Economics 44, no. 3 (December 1999): 581–603. http://dx.doi.org/10.1016/s0304-3932(99)00032-x.

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5

Wagstaff, Adam. "QALYs and the equity-efficiency trade-off." Journal of Health Economics 10, no. 1 (May 1991): 21–41. http://dx.doi.org/10.1016/0167-6296(91)90015-f.

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6

Thorbecke, Erik. "Inequality and the Trade-off between Efficiency and Equity." Journal of Human Development and Capabilities 17, no. 3 (July 2, 2016): 460–64. http://dx.doi.org/10.1080/19452829.2016.1203033.

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7

Guo, Jin, Limin Du, and Chu Wei. "Equity-efficiency trade-off in China's energy capping policy." Energy Policy 126 (March 2019): 57–65. http://dx.doi.org/10.1016/j.enpol.2018.11.017.

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8

Picard, Pierre. "Natural Disaster Insurance and the Equity-Efficiency Trade-Off." Journal of Risk & Insurance 75, no. 1 (March 2008): 17–38. http://dx.doi.org/10.1111/j.1539-6975.2007.00246.x.

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9

Filges, Trine, John Kennes, Birthe Larsen, and Torben Tranæs. "Labour market programmes and the equity-efficiency trade-off." Journal of Macroeconomics 33, no. 4 (December 2011): 738–53. http://dx.doi.org/10.1016/j.jmacro.2011.06.004.

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10

Nakamura, Masahisa, and Hiroyuki Sano. "An Efficiency-Equity Trade-off Analysis for Wastewater Network Planning." ENVIRONMENTAL SYSTEMS RESEARCH 18 (1990): 136–42. http://dx.doi.org/10.2208/proer1988.18.136.

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11

YETMAN *, JAMES. "SUICIDAL TERRORISM AND DISCRIMINATORY SCREENING: AN EFFICIENCY‐EQUITY TRADE‐OFF." Defence and Peace Economics 15, no. 3 (June 2004): 221–30. http://dx.doi.org/10.1080/1024269042000189264.

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12

Hoberg, Nikolai, and Stefan Baumgärtner. "Irreversibility and uncertainty cause an intergenerational equity-efficiency trade-off." Ecological Economics 131 (January 2017): 75–86. http://dx.doi.org/10.1016/j.ecolecon.2016.08.015.

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13

Carasso, Barbara S., Mylene Lagarde, Addis Tesfaye, and Natasha Palmer. "Availability of essential medicines in Ethiopia: an efficiency-equity trade-off?" Tropical Medicine & International Health 14, no. 11 (September 14, 2009): 1394–400. http://dx.doi.org/10.1111/j.1365-3156.2009.02383.x.

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14

Elvik, Rune. "The trade-off between efficiency and equity in road safety policy." Safety Science 47, no. 6 (July 2009): 817–25. http://dx.doi.org/10.1016/j.ssci.2008.10.012.

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15

Banerjee, Kuntal. "On the equity-efficiency trade off in aggregating infinite utility streams." Economics Letters 93, no. 1 (October 2006): 63–67. http://dx.doi.org/10.1016/j.econlet.2006.03.041.

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16

Dietz, S., and G. Atkinson. "The Equity-Efficiency Trade-off in Environmental Policy: Evidence from Stated Preferences." Land Economics 86, no. 3 (June 24, 2010): 423–43. http://dx.doi.org/10.3368/le.86.3.423.

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17

Vercammen, James, and Murray Fulton. "Non-Linear Pricing Schemes for Co-Operatives: The Equity/Efficiency Trade-Off." Canadian Journal of Economics 29 (April 1996): S303. http://dx.doi.org/10.2307/136005.

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18

Bovenberg, A. Lans, and Peter Birch Sørensen. "Improving the Equity-Efficiency Trade-Off: Mandatory Savings Accounts for Social Insurance." International Tax and Public Finance 11, no. 4 (August 2004): 507–29. http://dx.doi.org/10.1023/b:itax.0000033990.59245.9b.

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19

Ferraro, Simona, and Kaire Põder. "School-level policies and the efficiency and equity trade-off in education." Journal of Policy Modeling 40, no. 5 (September 2018): 1022–37. http://dx.doi.org/10.1016/j.jpolmod.2017.11.001.

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20

Eckert, Daniel, and Christian Klamler. "An equity-efficiency trade-off in a geometric approach to committee selection." European Journal of Political Economy 26, no. 3 (September 2010): 386–91. http://dx.doi.org/10.1016/j.ejpoleco.2009.11.009.

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21

Dalamagas, Basil, John Leventides, and Stefanos Tantos. "Equity-efficiency dilemma and tax harmonization." Central European Economic Journal 9, no. 56 (January 1, 2022): 342–53. http://dx.doi.org/10.2478/ceej-2022-0020.

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Abstract The present paper attempts to demonstrate that finding an appropriate trade-off between direct and indirect taxes can help smooth policy makers’ way through reconciling the contradictory notions of equity and efficiency. Our theoretical and empirical analysis is based on the assumption that direct taxes discourage work effort, thus impinging on the incentives to supply labour, to save and to invest, and finally, to grow, whereas indirect taxes discourage consumption and bear more heavily on the poor. Central to our discussion is the argument that carefully designed adjustments in the tax mix can reduce distortions in the consumption-leisure decision, thus leading to an optimal allocation of resources between the equity and efficiency objectives. To derive a competitive equilibrium setting, a social welfare function is maximized and the first-order conditions are manipulated to trace out the optimal direct-indirect tax rates that pave the way for the equity-efficiency goals to be reconciled with each other.
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22

Bejaković, Predrag, and Željko Mrnjavac. "The education in South-East Europe and trade-off between efficiency and equity." Przedsiębiorczość Międzynarodowa 3, no. 1 (2017): 123–38. http://dx.doi.org/10.15678/pm.2017.0301.07.

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23

Johannesson, Magnus, and Ulf-G. Gerdtham. "A note on the estimation of the equity-efficiency trade-off for QALYs." Journal of Health Economics 15, no. 3 (June 1996): 359–68. http://dx.doi.org/10.1016/0167-6296(96)00005-7.

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24

Tadenuma, Koichi. "Trade-off between equity and efficiency in a general economy with indivisible goods." Social Choice and Welfare 13, no. 4 (August 1, 1996): 445–50. http://dx.doi.org/10.1007/s003550050042.

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25

Pellegrino, Simone, Guido Perboli, and Giovanni Squillero. "Balancing the equity-efficiency trade-off in personal income taxation: an evolutionary approach." Economia Politica 36, no. 1 (September 17, 2018): 37–64. http://dx.doi.org/10.1007/s40888-018-0132-4.

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26

Wang, Ge, Qi Zhang, Yan Li, Benjamin C. Mclellan, and Xunzhang Pan. "Corrective regulations on renewable energy certificates trading: Pursuing an equity-efficiency trade-off." Energy Economics 80 (May 2019): 970–82. http://dx.doi.org/10.1016/j.eneco.2019.03.008.

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27

Tadenuma, Koichi. "Trade-off between equity and efficiency in a general economy with indivisible goods." Social Choice and Welfare 13, no. 4 (September 1996): 445–50. http://dx.doi.org/10.1007/bf00182854.

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28

Bleichrodt, Han, Jason Doctor, and Elly Stolk. "A nonparametric elicitation of the equity-efficiency trade-off in cost-utility analysis." Journal of Health Economics 24, no. 4 (July 2005): 655–78. http://dx.doi.org/10.1016/j.jhealeco.2004.10.001.

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29

Decoster, André, and Erik Schokkaert. "Equity and efficiency of a reform of Belgian indirect taxes." Recherches économiques de Louvain 55, no. 2 (1989): 155–76. http://dx.doi.org/10.1017/s0770451800029602.

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SummaryIn this paper we apply the theory of tax reform to derive empirical results about the structure of indirect taxes in Belgium. We focus on the equity-efficiency trade-off and try to formulate conclusions which are relevant for policy makers. To integrate the merit good component in the indirect taxes on tobacco and transportation, we compute the implicit valuation attached to them by policy makers. This component is considerable and affects the whole structure of tax rates.
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30

Lackenbauer, Jörg, and Dietmar Meyer. "Regional Policies and the Equity-efficiency Trade-off: Towards a Sequenced Timing of Cohesion Policy." Acta Oeconomica 56, no. 3 (September 1, 2006): 249–77. http://dx.doi.org/10.1556/aoecon.56.2006.3.1.

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As a result of the combination of endogenous growth theory with the approach of the new economic geography (NEG), several models have been developed to explain spatial income inequality and to formulate possible policy strategies taking into account the equity-efficiency trade-off. The dynamics of this problem should be considered as fundamentally important for the enlargement of the EU, because with respect to the new Member States from Central and Eastern Europe (CEECs), EU cohesion policy is confronted with a double challenge. To analyse this problem we develop a very simple dynamic version of Martin's model (1999) from which we derive some regional policy implications. We find that there is a case for a “two step regional policy approach” in order to tackle the equity-efficiency trade-off challenge: this approach first aims to support the richer region and thus aggregate growth in the whole integrated area, and then to pursue an equity-oriented cohesion policy by fostering firm creation and innovation in the poorer region. We question whether The Republic of Ireland could be a role model to follow in this context and whether cohesion policy should be based on national wealth instead of regional wealth.
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31

Kim, Yu-Chan, and Nam-Soo Lee. "Case Study on the Trade-off Relationship between Efficiency and Equity in Transportation Policy." Journal of korea Planners Association 50, no. 5 (August 31, 2015): 201. http://dx.doi.org/10.17208/jkpa.2015.08.50.5.201.

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32

Sandiford, P., D. Vivas Consuelo, P. Rouse, and D. Bramley. "The trade-off between equity and efficiency in population health gain: Making it real." Social Science & Medicine 212 (September 2018): 136–44. http://dx.doi.org/10.1016/j.socscimed.2018.07.005.

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33

Cho, Cheol-Joo. "An equity-efficiency trade-off model for the optimum location of medical care facilities." Socio-Economic Planning Sciences 32, no. 2 (June 1998): 99–112. http://dx.doi.org/10.1016/s0038-0121(97)00007-4.

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34

Morelli, M., M. Ghatak, T. Sjostrom, and Georgia Kosmopoulou. "The robustness of the equity-efficiency trade-off: When social mobility reduces moral hazard." International Advances in Economic Research 3, no. 1 (February 1997): 126. http://dx.doi.org/10.1007/bf02295016.

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35

Andersen, Asbjørn Goul, Simen Markussen, and Knut Røed. "Pension reform and the efficiency-equity trade-off: Impacts of removing an early retirement subsidy." Labour Economics 72 (October 2021): 102050. http://dx.doi.org/10.1016/j.labeco.2021.102050.

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36

Gershberg, Alec Ian, and Til Schuermann. "The efficiency–equity trade-off of schooling outcomes: public education expenditures and welfare in Mexico." Economics of Education Review 20, no. 1 (February 2001): 27–40. http://dx.doi.org/10.1016/s0272-7757(99)00036-9.

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37

Arroyos-Calvera, Danae, Judith Covey, Graham Loomes, and Rebecca McDonald. "The efficiency-equity trade-off, self-interest, and moral principles in health and safety valuation." Social Science & Medicine 238 (October 2019): 112477. http://dx.doi.org/10.1016/j.socscimed.2019.112477.

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38

Lindholm, Lars, Måns Rosen, and Maria Emmelin. "An epidemiological approach towards measuring the trade-off between equity and efficiency in health policy." Health Policy 35, no. 3 (March 1996): 205–16. http://dx.doi.org/10.1016/0168-8510(95)00783-0.

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39

Yao, Liming, Linhuan He, and Xudong Chen. "Trade-off between equity and efficiency for allocating wastewater emission permits in watersheds considering transaction." Journal of Environmental Management 270 (September 2020): 110898. http://dx.doi.org/10.1016/j.jenvman.2020.110898.

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40

de Mooij, Ruud A. "Reinventing the Dutch tax-benefit system: exploring the frontier of the equity-efficiency trade-off." International Tax and Public Finance 15, no. 1 (September 13, 2007): 87–103. http://dx.doi.org/10.1007/s10797-007-9048-6.

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41

Villarreal-Rosas, Jaramar, Adrian L. Vogl, Laura J. Sonter, Hugh P. Possingham, and Jonathan R. Rhodes. "Trade-offs between efficiency, equality and equity in restoration for flood protection." Environmental Research Letters 17, no. 1 (December 21, 2021): 014001. http://dx.doi.org/10.1088/1748-9326/ac3797.

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Abstract Conservation decision-makers and practitioners increasingly strive for efficient and equitable outcomes for people and nature. However, environmental management programs commonly benefit some groups of people more than others, and very little is known about how efforts to promote equality (i.e. even distributions) and equity (i.e. proportional distributions) trade-off against efficiency (i.e. total net outcome per dollar spent). Based on a case study in the Brigalow Belt Bioregion, Australia, we quantified trade-offs between equality, equity, and efficiency in planning for flood protection. We considered optimal restoration strategies that allocate a fixed budget (a) evenly among beneficiary sectors (i.e. seeking equality among urban residents, rural communities, and the food sector), (b) evenly among local government areas (LGAs) within the Brigalow Belt (i.e. seeking spatial equality), and (c) preferentially to areas of highest socioeconomic disadvantage (i.e. seeking equity). We assessed equality using the Gini coefficient, and equity using an index of socioeconomic disadvantage. At an AUD10M budget, evenly distributing the budget among beneficiary sectors was 80% less efficient than ignoring beneficiary groups, and did not improve equality in the distribution of flood protection among beneficiary sectors. Evenly distributing the budget among LGAs ensured restoration in four areas that were otherwise ignored, with a modest reduction in efficiency (12%–25%). Directing flood protection to areas of highest socioeconomic disadvantage did not result in additional reductions in efficiency, and captured areas of high disadvantage for the rural and urban sectors that were missed otherwise. We show here that different ways of targeting equity and equality lead to quite different trade-offs with efficiency. Our approach can be used to guide transparent negotiations between beneficiaries and other stakeholders involved in a planning process.
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42

Norheim, O. F. "Implementing the Marmot Commission's Recommendations: Social Justice Requires a Solution to the Equity-Efficiency Trade-Off." Public Health Ethics 2, no. 1 (April 1, 2009): 53–58. http://dx.doi.org/10.1093/phe/php006.

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43

Su, Xuanming, and Stefanos A. Zenios. "Recipient Choice Can Address the Efficiency-Equity Trade-off in Kidney Transplantation: A Mechanism Design Model." Management Science 52, no. 11 (November 2006): 1647–60. http://dx.doi.org/10.1287/mnsc.1060.0541.

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44

Hamilton, D., C. Hulme, L. Flood, and S. Powell. "Cost–utility analysis and otolaryngology." Journal of Laryngology & Otology 128, no. 2 (February 2014): 112–18. http://dx.doi.org/10.1017/s0022215114000048.

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AbstractAs providers of health care, we face increasing demand on our limited, indeed diminishing, resources. Economic appraisal of our interventions means assessing the trade-off between effectiveness, efficiency and equity. When rationing becomes inevitable, calculation of utility values is a valuable decision-making tool. This paper reviews objective measures of patient benefit, such as quality of life, and focuses on their application within otolaryngology.
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45

Klenert, David, Linus Mattauch, Ottmar Edenhofer, and Kai Lessmann. "INFRASTRUCTURE AND INEQUALITY: INSIGHTS FROM INCORPORATING KEY ECONOMIC FACTS ABOUT HOUSEHOLD HETEROGENEITY." Macroeconomic Dynamics 22, no. 4 (August 1, 2016): 864–95. http://dx.doi.org/10.1017/s1365100516000432.

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We study the impacts of investment in public capital on equity and efficiency. Taking into account stylized facts on wealth accumulation, we model agent heterogeneity through differences in saving behavior, income source and time preference. We find that in the long run, public investment is Pareto-improving and that it reduces inequality in wealth, welfare, and income at the same time, if it is financed by a capital tax. Consumption tax financing is also Pareto-improving but distribution-neutral. Only for labor tax financing, a trade-off between equity and efficiency occurs. Additionally, we find that agents differ in their preferred tax rates.The results for capital and labor tax financing are valid for both, the case of decreasing and constant returns to accumulable factors.
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46

Fontini, Fulvio. "Public Efficiency and Constitutional Constraints: a Contribution Towards an Extended Leviathan Model." Journal of Public Finance and Public Choice 16, no. 2 (October 1, 1998): 179–200. http://dx.doi.org/10.1332/251569298x15668907783201.

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Abstract The paper analyses the relationship among public efficiency, exploitation of private individuals by the government and the role of constitutional constraints. First, it contains an extensive review of the Leviathan model based on Inman's formalisation of Brennan and Buchanan theory. Secondly, an extension of such a model is proposed, in which public agents are separated into politicians and bureaucrats. In so doing a ‘new’ efficiency-equity trade-off arises, namely, the achievement of Pareto-efficiency through constitutional constraints is obtained at a cost of a possible exploitation of private individuals, while the non-exploitation allocation is coupled with a possible Pareto-inefficiency.
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47

Bradley, Steve, and Jim Taylor. "The Effect of the Quasi-market on the Efficiency-equity Trade-off in the Secondary School Sector." Bulletin of Economic Research 54, no. 3 (July 2002): 295–314. http://dx.doi.org/10.1111/1467-8586.00154.

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48

FARROW, SCOTT. "The duality of taxes and tradable permits: A survey with applications in Central and Eastern Europe." Environment and Development Economics 4, no. 4 (October 1999): 519–35. http://dx.doi.org/10.1017/s1355770x99000315.

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Economic instruments such as taxes and tradable permits have been promoted as efficiency improving policies in the transition economies of Central and Eastern Europe and elsewhere. The little noticed potential for a symmetric equity impact from the two instruments in a world without distortions is first discussed. A specific policy option is suggested in which existing environmental taxes in Central and Eastern Europe can be increased without imposing additional financial burdens in industry if appropriate tax credits are provided. Second, conditions in Central and Eastern Europe are identified that reduce the change of efficiency losses in a general equilibrium setting when distortions exist. The trade-off between efficiency and equity in such a setting is found to depend on country-specific parameters and to be reduced if: (1) a cost-effective policy is implemented, (2) environmental assets can be distributed prior to privatization, and (3) government expenditures can decline.
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49

Colas, Mark, and Kevin Hutchinson. "Heterogeneous Workers and Federal Income Taxes in a Spatial Equilibrium." American Economic Journal: Economic Policy 13, no. 2 (May 1, 2021): 100–134. http://dx.doi.org/10.1257/pol.20180529.

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We study the geographic incidence and efficiency of an income tax by estimating a spatial equilibrium model with heterogeneous workers. The US income tax shifts households out of high-productivity cities, leading to locational inefficiency of 0.25 percent of output. Removing spatial tax distortions increases inequality because more educated households are more mobile and own larger shares of land. Flattening the tax schedule, or introducing cost-of-living adjustments or local wage adjustments leads to efficiency gains but causes substantial increases in inequality. Differences in mobility and land ownership across skill groups create an equity-efficiency trade-off that is unique to spatial settings. (JEL H24, H22, D31, J31, J24, R23)
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50

Arabyan, Onik. "Public infrastructure policies and economic geography." Glasnik Srpskog geografskog drustva 96, no. 1 (2016): 93–104. http://dx.doi.org/10.2298/gsgd1601093a.

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This work proposes a simple way to analyze some of the effects of regional policies on industrial (economic) geography, regional income disparities and growth. For this purpose, it is used the "localized spillover" model, in which both the location and the endogenous growth rate are simultaneously determined. The model is extended to allow explicit consideration of different public policies such as infrastructure policies, transfers and subsidies to technology transfers, etc. An important message of this work is that the presence of localized technology spillovers implies that a trade-off exists between spatial efficiency and equity when infrastructure policies reduce the transport costs either between or inside regions. Public policies that facilitate the interregional diffusion of technology spillovers have very different implications and do not have this trade-off. European policy makers believe that regional policies are not only necessary to improve equity but also efficiency. To give a change to this argument, this work presents an analysis of regional policies in the presence of congestion effects. Multiple equilibria may appear even with capital mobility: a "good" equilibrium with high growth and low spatial concentration and a "bad" equilibrium with low growth and high spatial concentration. In the presence of congestion costs, policies that improve infrastructure in the poor region can improve growth and reduce inequality. Again, however, policies that facilitate the interregional diffusion of technology spillovers are better.
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