@techreport{Binder2009Applying,
abstract = {In the literature on Sen's capability approach, studies focussing on the empirical measurement of conversion factors are comparatively rare. We add to this field by adopting a measure of 'conversion efficiency' that captures the efficiency with which individuals convert their re-sources into achieved functioning. We use a nonparametric efficiency procedure borrowed from production theory and construct such a measure for a set of basic functionings, using data from the wave 2006 of the British Household Panel Survey (BHPS). In Great Britain, 49.88% of the individuals can be considered efficient while the mean of the inefficient indi-viduals reaches one fifth less functioning achievement. An individual's conversion efficiency is positively affected by getting older, being self-employed, married, having no health prob-lems and living in the London area. On the other hand, being unemployed, sepa-rated/divorced/widowed and (self-assessed) disabled decrease an individual's conversion effi-ciency.},
address = {Jena},
author = {Martin Binder and Tom Broekel},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {I12; I31; R15; 330; conversion efficiency; welfare measurement; robust nonparametric efficiency analysis; functioning production; Wohlfahrtstheorie; Messung; Lebensstandard; Disparit\"{a}tsma\ss{}; Technische Effizienz; Nichtparametrisches Verfahren; Robustes Verfahren; Gro\ss{}britannien},
language = {eng},
number = {2009,100},
publisher = {Univ. [u.a.]},
title = {Applying a nonparametric efficiency analysis to measure conversion efficiency in Great Britain},
type = {Jena economic research papers},
url = {http://hdl.handle.net/10419/32582},
year = {2009}
}
