Exact welfare measures and economic index numbers

1984 ◽  
Vol 44 (1) ◽  
pp. 27-38 ◽  
Author(s):  
Udo Ebert
1983 ◽  
Vol 65 (3) ◽  
pp. 520 ◽  
Author(s):  
Keith C. Brown ◽  
K. Rao Kadiyala
Keyword(s):  

2022 ◽  
Author(s):  
John Wood

Abstract Traditional axiomatic, economic and stochastic approaches to choosing a formula for economic index numbers are based on theoretical considerations, with little regard to whether they reflect the actual circumstances affecting the markets to which they relate. This paper presents an approach to index number formulation based on how markets operate and presents a general, parameter-based formula for price and quantity indices. Two variants of this general formula cater for the “substitution effect” in different ways and one of these variants provides a practical expression for an economic-theoretic index based on purchasers' revealed preferences. Another variant applies this approach to short-term inflation indices. A final variant provides a straightforward means of estimating purchasing power parities for spatial indices. The analysis also emphasises the importance in National Accounts of using coherent price and quantity indices, whose products generate the corresponding value indices.


Author(s):  
M Srinivasa Rao ◽  
G. Vidyanath

The existing research is created an effort to recognize the worker well being actions implemented in Sugar Miles industry. Employee well being indicates anything done for comfortableness and enhancement of the employees over and above the salaries compensated which is not a requirement of the profession. The standard objective of employee well being is to enhance the lifestyle of workers and keep them satisfied. Employees invest at least half their time at your workplace or getting to it, or making it. They know that they play a role to the organization when they are reasonably exempt from fear and they experience that when they are in trouble/ problems, they are due to get something returning from the company. Individuals are qualified for be treated as complete humans with individual needs, desires and stresses.


2019 ◽  
Vol 118 (12) ◽  
pp. 1-6
Author(s):  
V. Muruganandham ◽  
Dr. M. Ragupathi

International Labour Organisation (ILO) at its Asian regional Conference, defined labour welfare as a term which is understood to include such services, facilities and amenities as may be established in o in the vicinity of undertaking to enable the person employed in them to perform their work in healthy, and high morale.


1912 ◽  
Vol 46 (545) ◽  
pp. 302-307
Author(s):  
Raymond Pearl

Energies ◽  
2021 ◽  
Vol 14 (6) ◽  
pp. 1579
Author(s):  
Heng Zhang ◽  
Na Wang ◽  
Kai Liang ◽  
Yang Liu ◽  
Haiping Chen

A solar-aided power generation (SAPG) system effectively promotes the high efficiency and low cost utilization of solar energy. In this paper, the SAPG system is represented by conventional coal-fired units and an annular Fresnel solar concentrator (AFSC) system. The annular Fresnel solar concentrator system is adopted to generate solar steam to replace the extraction steam of the turbine. According to the steam–water matrix equation and improved Flugel formula, the variable conditions simulation and analysis of the thermo-economic index were proposed by Matlab. Furthermore, in order to obtain the range of small disturbance, the method of partial replacement is used, that is, the extraction steam of the turbine is replaced from 0 to 100% with a step size of 20%. In this work, a SAPG system is proposed and its thermo-economic index and small disturbance scope are analyzed. The results show that the SAPG system is energy-saving, and the application scope of small disturbance is related to the quantity of the extraction steam and evaluation index.


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