{"id":"https://openalex.org/W3033972717","doi":"https://doi.org/10.1016/j.jpubeco.2020.104198","title":"Measuring economic efficiency using inverse-optimum weights","display_name":"Measuring economic efficiency using inverse-optimum weights","publication_year":2020,"publication_date":"2020-06-06","ids":{"openalex":"https://openalex.org/W3033972717","doi":"https://doi.org/10.1016/j.jpubeco.2020.104198","mag":"3033972717"},"language":"en","primary_location":{"id":"doi:10.1016/j.jpubeco.2020.104198","doi":"https://doi.org/10.1016/j.jpubeco.2020.104198","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.jpubeco.2020.104198","pdf_url":null,"source":{"id":"https://openalex.org/S199447588","display_name":"Journal of Public Economics","issn_l":"0047-2727","issn":["0047-2727","1879-2316"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.1016/j.jpubeco.2020.104198","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5008884407","display_name":"Nathaniel Hendren","orcid":"https://orcid.org/0000-0002-6385-6506","observed_orcids":["https://orcid.org/0000-0002-6385-6506"]},"institutions":[{"id":"https://openalex.org/I136199984","display_name":"Harvard University","ror":"https://ror.org/03vek6s52","country_code":"US","type":"education","lineage":["https://openalex.org/I136199984"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Nathaniel Hendren","raw_affiliation_strings":["Harvard University, United States of America"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Harvard University, United States of America","institution_ids":["https://openalex.org/I136199984"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5008884407"],"corresponding_institution_ids":["https://openalex.org/I136199984"],"apc_list":{"value":4510,"currency":"USD","value_usd":4510},"apc_paid":{"value":4510,"currency":"USD","value_usd":4510},"fwci":9.1417,"has_fulltext":false,"cited_by_count":84,"citation_normalized_percentile":{"value":0.97782054,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":"187","issue":null,"first_page":"104198","last_page":"104198"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13042","display_name":"Economic and Fiscal Studies","score":0.7192000150680542,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13042","display_name":"Economic and Fiscal Studies","score":0.7192000150680542,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10446","display_name":"Income, Poverty, and Inequality","score":0.2206999957561493,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.02590000070631504,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/economic-efficiency","display_name":"economic efficiency","score":0.8740000128746033},{"id":"https://openalex.org/keywords/kaldor-hicks-efficiency","display_name":"Kaldor-Hicks efficiency","score":0.9819999933242798},{"id":"https://openalex.org/keywords/optimal-taxation","display_name":"optimal taxation","score":0.7649999856948853},{"id":"https://openalex.org/keywords/progressive-taxation","display_name":"progressive taxation","score":0.7889999747276306},{"id":"https://openalex.org/keywords/income-distribution","display_name":"income distribution","score":0.6340000033378601},{"id":"https://openalex.org/keywords/inequality","display_name":"inequality","score":0.5490000247955322},{"id":"https://openalex.org/keywords/income-tax-returns","display_name":"income tax returns","score":0.6050000190734863},{"id":"https://openalex.org/keywords/welfare-measurement","display_name":"welfare measurement","score":0.5680000185966492},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":0.42100000381469727}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7715111374855042},{"id":"https://openalex.org/C207467116","wikidata":"https://www.wikidata.org/wiki/Q4385666","display_name":"Inverse","level":2,"score":0.549979567527771},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5305483937263489},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.4160274565219879},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.343853235244751},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2668553590774536},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.jpubeco.2020.104198","doi":"https://doi.org/10.1016/j.jpubeco.2020.104198","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.jpubeco.2020.104198","pdf_url":null,"source":{"id":"https://openalex.org/S199447588","display_name":"Journal of Public Economics","issn_l":"0047-2727","issn":["0047-2727","1879-2316"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:nbr:nberwo:20351","doi":null,"is_oa":false,"landing_page_url":"http://www.nber.org/papers/w20351.pdf","pdf_url":"http://www.nber.org/papers/w20351.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:eee:pubeco:v:187:y:2020:i:c:s0047272720300621","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0047272720300621","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.1016/j.jpubeco.2020.104198","doi":"https://doi.org/10.1016/j.jpubeco.2020.104198","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.jpubeco.2020.104198","pdf_url":null,"source":{"id":"https://openalex.org/S199447588","display_name":"Journal of Public Economics","issn_l":"0047-2727","issn":["0047-2727","1879-2316"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Economics","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/10","score":0.7578999996185303,"display_name":"Reduced inequalities"}],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/1","score":0.7699999809265137,"display_name":"No poverty"}],"study_designs":[],"awards":[{"id":"https://openalex.org/G2751812479","display_name":"CAREER:  Market Imperfections and the Welfare Measurement of Government Intervention","funder_award_id":"1653686","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"}],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"},{"id":"https://openalex.org/F4320308931","display_name":"U.S. Department of the Treasury","ror":"https://ror.org/028t43p77"},{"id":"https://openalex.org/F4320309369","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44"},{"id":"https://openalex.org/F4320309622","display_name":"Harvard University","ror":"https://ror.org/03vek6s52"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":51,"referenced_works":["https://openalex.org/W1481986815","https://openalex.org/W1559593144","https://openalex.org/W1562107381","https://openalex.org/W1595885610","https://openalex.org/W1633544063","https://openalex.org/W1968252225","https://openalex.org/W1982224745","https://openalex.org/W1983704733","https://openalex.org/W1986725427","https://openalex.org/W2026975102","https://openalex.org/W2033871359","https://openalex.org/W2057445710","https://openalex.org/W2061717712","https://openalex.org/W2066124416","https://openalex.org/W2071011895","https://openalex.org/W2094769013","https://openalex.org/W2102963250","https://openalex.org/W2105584013","https://openalex.org/W2122223069","https://openalex.org/W2123849123","https://openalex.org/W2125146074","https://openalex.org/W2127238399","https://openalex.org/W2134243742","https://openalex.org/W2144852479","https://openalex.org/W2147297254","https://openalex.org/W2148501506","https://openalex.org/W2154872024","https://openalex.org/W2163311159","https://openalex.org/W2168838273","https://openalex.org/W2189056285","https://openalex.org/W2265679842","https://openalex.org/W2316563059","https://openalex.org/W2326585268","https://openalex.org/W2625719715","https://openalex.org/W2890935901","https://openalex.org/W3023650304","https://openalex.org/W3024955934","https://openalex.org/W3026027050","https://openalex.org/W3121937322","https://openalex.org/W3123196179","https://openalex.org/W3124380737","https://openalex.org/W3124415984","https://openalex.org/W3125409829","https://openalex.org/W3125638639","https://openalex.org/W3125925403","https://openalex.org/W3136089047","https://openalex.org/W3144467662","https://openalex.org/W3181398236","https://openalex.org/W4239291358","https://openalex.org/W4254227062","https://openalex.org/W4308252635"],"related_works":["https://openalex.org/W2765124990","https://openalex.org/W2168487769","https://openalex.org/W2767160191","https://openalex.org/W1997980975","https://openalex.org/W2185806057","https://openalex.org/W2563502172","https://openalex.org/W2981804334","https://openalex.org/W3123964185","https://openalex.org/W2000759042","https://openalex.org/W2338749958"],"abstract_inverted_index":{"This":[0,117],"paper":[1],"provides":[2],"a":[3,41],"method":[4],"to":[5,20,36,51,54,104,114,123,134,173,192],"measure":[6],"the":[7,33,37,52,55,59,65,72,81,84,105,115,124,135,139,142,158,188,194,202],"traditional":[8,21],"Kaldor-Hicks":[9],"notion":[10],"of":[11,39,86,121,132,141,184,197],"\u201ceconomic":[12],"efficiency\u201d":[13],"when":[14],"taxes":[15],"affect":[16],"behavior.":[17],"In":[18],"contrast":[19],"unweighted":[22],"surplus,":[23],"measuring":[24,97],"efficiency":[25,99],"requires":[26,100],"weighting":[27,101],"individual":[28],"benefits":[29],"(or":[30],"surplus)":[31],"by":[32,137,179],"marginal":[34],"cost":[35],"government":[38],"providing":[40],"$1":[42,120],"transfer":[43],"at":[44],"each":[45],"income":[46,88,153,195,208],"level.":[47],"These":[48],"weights":[49,68,82],"correspond":[50],"solution":[53],"\u201cinverse-optimum\u201d":[56],"program":[57],"in":[58,157,181],"optimal":[60],"tax":[61,75,89,143],"literature:":[62],"they":[63],"are":[64],"social":[66],"planning":[67],"that":[69,96],"would":[70],"rationalize":[71],"status":[73],"quo":[74],"schedule":[76],"as":[77],"optimal.":[78],"I":[79,151],"estimate":[80],"using":[83],"universe":[85],"US":[87,159,166],"returns":[90],"from":[91],"2012.":[92],"The":[93,163],"results":[94,164],"suggest":[95,165],"economic":[98,167],"surplus":[102,112,122,133],"accruing":[103,113],"poor":[106,125],"roughly":[107,130],"1.5\u20132":[108],"times":[109],"more":[110],"than":[111,176],"rich.":[116],"is":[118,169,177,190],"because":[119],"can":[126],"be":[127],"turned":[128],"into":[129],"$1.5\u2013$2":[131],"rich":[136],"reducing":[138],"progressivity":[140],"schedule.":[144],"Following":[145],"Kaldor":[146],"and":[147,160,201],"Hicks'":[148],"original":[149],"applications,":[150],"compare":[152],"distributions":[154],"over":[155],"time":[156],"across":[161],"countries.":[162],"growth":[168],"15\u201320%":[170],"lower":[171],"due":[172],"increased":[174],"inequality":[175],"suggested":[178],"changes":[180],"GDP.":[182],"Because":[183],"its":[185],"higher":[186,206],"inequality,":[187],"U.S.":[189],"unable":[191],"replicate":[193],"distribution":[196],"countries":[198],"like":[199],"Austria":[200],"Netherlands,":[203],"despite":[204],"having":[205],"national":[207],"per":[209],"capita.":[210]},"counts_by_year":[{"year":2026,"cited_by_count":8},{"year":2025,"cited_by_count":14},{"year":2024,"cited_by_count":17},{"year":2023,"cited_by_count":14},{"year":2022,"cited_by_count":15},{"year":2021,"cited_by_count":11},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2020-06-12T00:00:00"}
